Composition Consumer Basket Revised
The State Statistics Committee has revised the composition of the consumer basket and now it includes not 565, but 520 names of goods and services. The changes are made taking into account the structure of consumer spending, which in turn is not disclosed.
Inflation in the country since January this year is measured by the new basket.
In the new basket there are no matches, AI-95 gasoline, and gold rings of 585th test. It also lacks some food products: cereals, milk powder, kefir, pickled mushrooms, vegetable tea, strong wine, and seasonings.
SSC found it not important to take into account the prices for men's (coats, sheepskin coats, leather jackets) and women's (leather jackets, suits, swimsuits) clothes. There are not many fabrics in the new basket.
At the same time, instead of food, clothes and other necessary goods, there are nine medications (validol, aspirin, analgin, Panadol / paracetamol, ampicillin, biseptol, captopil, diclofenac, almodipine) included in the basket. --- 08D
Economics
-
An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
-
On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
-
Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
-
Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
Leave a review