In February, inflation was 0.5%
State Statistics Committee of Azerbaijan registered inflation of 0.5% in February compared to the previous month. Recall that in January, consumer prices rose by 1.2%.
In SSC they told Turan, in February food prices grew by an average of 1%. Prices and tariffs for industrial goods and services remained largely stable.
Employees of the State Statistics Committee fixed the prices of rice, semolina, bread, pasta, chicken and sausages. In addition, the prices grew for oils, pasteurized milk, cheese and sour cream, as well as some fruit (tangerines, bananas, pears, apples, quinces and pomegranates) and vegetables (cabbages, cucumbers, tomatoes, peppers, and garlic).
In February, according to the observations of GCS, the price of flour, buckwheat, pasta, beef and lamb, fresh fish, yogurt, egg, butter, sugar, and sugar, as well as some fruits and vegetables (lemons, oranges, greens, carrots, beets, and potatoes) diminished. - 08D-
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review