Events-December 03/2007
On December 17 next press conference within the framework of the project “Alternative Inflation Methodology Development” implemented with financial support of USAID and organizational support of Eurasia Foundation by Economic Research Center (ERC). Chairman of the ERC Management Board Gubad Ibadoglu told that inflation rate was 25.65% for last 11 months according to the reults of statistical researches. The highest inflation level has been observed in service field among commodity groups which was 37.56%. This indicator has been 24.31% on food products, 19.09% on non-food products. Only in November consumer price index has been 3.50%. Thehighest inflation rate has been 4.85% on food products.
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