Cost of hydrocarbon production in November increased by 8.2%
BAKU/12.12.13/TURAN : Index of industrial production costs rose in November compared with October by 7.6% .
The State Statistics Committee said, mainly on the production affected by inflation rise in crude oil and natural gas by 8.2%. Cost of exploration and extraction of other minerals and ores decreased by 0.1 %.
Besides hydrocarbons largest price increase was noted in the manufacture of food products and printing , as well as electrical equipment - by 2.4%. 2.2 % more expensive chemical products , 1.8% - of rubber and plastic, 1.4% - construction materials , 1.3% - wood products , 1.1% - drugs and medicines . On other positions growth is unimportant .
Experts expect the results of December 's official confirmation of a significant increase in the index, both food production and prices. - 17D-
Economics
-
Azerbaijan's economy demonstrated robust growth from January to November 2024, with gross domestic product (GDP) rising by 4.7% compared to the same period last year, according to government data. By September, GDP had reached 92.83 billion manats (approximately $54.7 billion USD), reflecting significant progress in diversifying beyond oil and gas, a longstanding focus of economic policy.
-
A recent report by the World Bank titled “Breaking Barriers for Women’s Employment in Azerbaijan” sheds light on the significant gender imbalance in the country’s labor market. While both men and women participate actively in the labor force, disparities in employment rates, job quality, and societal attitudes highlight the challenges women continue to face.
-
Azerbaijan's consumer price index rose by 4.4% in November 2024 compared to the same month in 2023, driven by higher costs for food, beverages, and services, government data showed on Tuesday.
-
Kazakhstan has unveiled plans to develop five major cross-border trade and transport hubs to enhance connectivity and boost economic ties with neighboring countries, Trade and Integration Minister Arman Shakkaliev said on Monday during a government meeting.
Сирия близка как распаду, а карта Ближнего Востока пишется заново - беседа со Станиславом Тарасовым
News Line
-
- Photo sessions,
- 17:28
- 264
-
- Finance,
- 10:52
- 300
Leave a review