Even the State Committee on Statistics recognizes the seasonal nature of local deflation. By the end of August for the first time since May officially recorded was zero growth in the consumer price index (CPI).
According to the State Statistics Committee, last month, food prices fell by 0.1% (in July was minus 2% compared to June). Non-food products rose slightly (0.2% compared to July). Fees for services have not changed, as, indeed, for the entire summer season.
Official statistics also noticed cheaper consumer basket by 0.1%. How could this happen on a background of rising food prices in August, agricultural products, including - is unclear. That's what the statistics to give out numbers that can not afford the perception of the public. --17D-
Economics
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The Green Climate Fund (GCF), an operating entity of the financial mechanism of the UN Framework Convention on Climate Change (UNFCCC) and the body responsible for implementing the Paris Agreement, has included Azerbaijan for the first time in its list of countries eligible for funding.
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The International Telecommunication Union (ITU), the Permanent Mission of the Republic of Azerbaijan to the UN Office in Geneva and the Ministry of Digital Development and Transport organized for the heads of about 30 diplomatic missions accredited in Geneva a special briefing on the initiative "Green Digital Action", which will be presented during COP29 in November in Baku, the Ministry of Digital Development and Transport of Azerbaijan reported.
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As a member of the International Renewable Energy Agency (IRENA) Council, Azerbaijan participated in the 28th meeting of this Council in Abu Dhabi (UAE).
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Azerbaijan’s imports of animal and vegetable fats and oils climbed 23.9% by weight and 16.2% by value from January to September 2024, official data revealed. Despite the uptick in volume, the import cost of these products saw a decrease compared to the same period last year, with the cost per ton of vegetable oil falling by 6.1% to $1,199.6 in 2024, down from $1,278.6 in 2023.
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