In December, prices of construction materials remained stable
The prices in the building materials market in December remained unchanged. Passivity in the building materials market is conditioned with low purchasing power of citizens. The share of manufactured goods in the local market was, like last month's 53.5%, and imports - 46.5%. In general, in 2012, the building materials market was observed following dynamics: prices fell 0.3% in January, 1.4% in March, 1.8% in May, 0.3% in July, and 2.3% in November. Increase in prices was observed in June - 0.5% and in September - 1.6%. During the other months, prices remained stable.
Last year the general prices of construction materials rose by 1.2%. The highest increase in prices was observed in valves - 1.8%, cubes - 2.8%, roofing - 1.7%, glass - 1.2%, boards - 8.7%, wood panels - 4.4%, emulsion and paint - 4.3%, gypsum boards - 1%, and plastic tubes - 2.4%, while construction sand fell by 5.3%.
Experts explain the passivity and lower prices for the building materials market in December with the New Year. Due to these factors, there was increase in the number of local and imported materials. In the coming days it is expected that prices will remain stable, while the market activity will most probably decrease slightly.
-
- Telecomnews
- 17 January 2013 06:25
-
- Markets Review
- 17 January 2013 10:25
Economics
-
On July 26, the Ministry of Economy hosted a meeting with entrepreneurs from the non-oil industry to explore ways to stimulate local production and enhance export potential.
-
Azerbaijani internet service providers Aztelekom and Baktelekom will introduce substantial changes to their pricing structure starting August 15, the companies announced today. Under the new tariffs, the minimum internet speed will rise to 100 Mbit/s, with the cost per Mbit/s decreasing from 0.45 AZN to 0.25 AZN. As a result, monthly charges will be set at 25 AZN for 100 Mbit/s, 30 AZN for 150 Mbit/s, and 36 AZN for 250 Mbit/s.
-
Independent experts suggest that Azerbaijan may be on the verge of another devaluation of its currency, the manat, due to a shrinking trade and payment surplus. The anticipated economic adjustments come amidst a decline in foreign currency inflows and reduced oil production.
-
Azerbaijan’s Foreign Minister Jeyhun Bayramov met today with Ahmed Moallim Figi, the Minister of Foreign Affairs and International Cooperation of Somalia, at the Azerbaijani Foreign Ministry. This meeting followed a discussion held the previous day between Figi and Azerbaijan’s Economy Minister Mikail Jabbarov.
Leave a review