![In February, inflation was 0.5%](https://turan.az/resized/media/2013/main/030400030619-750-500-resize.webp)
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
-
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