OREANDA-NEWS. The State Statistics Committee of Azerbaijan has published the data on basic consumer price index (CPI) in Azerbaijan: in January the core inflation was again higher than consumer inflation.

The Committee informs that in January 2014 basic CPI remained at the same level as in December 2013 and grew by 1.4% against January 2013.

This year zero growth of basic index has been accumulated so far.

In January 2014 CPI decreased by 0.2% (deflation) against December 2013 but by 2.2% year-on-year. This year negative accumulated consumer inflation makes 0.2%.

Wholesale industrial prices for January decreased by 1.3% and year-on-year - by 1.4%. The defining for them wholesale prices in oil and gas sector decreased in January by 2.6% and year-on-year – by 3.1%.

The Committee reports that basic index is calculated on the basis of a complex of consumer goods and services in the course of estimation of overall CPI. Calculations do not cover prices and types of services, regulated by the government and goods depending on seasonal factors (fruits and vegetables).