In January, Inflation Was 0.2%
In January, consumer prices in Azerbaijan increased compared with December by 0.2%.
According to the State Statistics Committee, in January, food prices rose by an average of 0.4%. There was a rise in prices of rice, flour, buckwheat, sausages, olive oil, tea, sugar and salt. In the market there was a rise in price of certain fruit and vegetables. In parallel, there was a decrease in prices for meat, eggs, corn oil, fish products, a number of fruits and vegetables.
Last month, prices for industrial goods and services remained generally stable. -----08D
Economics
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The Azerbaijani government has adopted new guidelines to facilitate employment for individuals with special social protection needs and those facing difficulties in securing jobs. The resolution, approved on December 29 by the Cabinet of Ministers, outlines targeted programs aimed at job creation through public-private collaboration.
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The Cabinet of Ministers of Azerbaijan has approved new regulations to facilitate targeted employment programs aimed at supporting individuals with special social protection needs and those facing employment challenges. The measures, under the State Employment Agency, seek to enhance job creation in priority economic sectors.
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The Cabinet of Ministers of Azerbaijan has announced key amendments to various regulatory acts to ensure compliance with the law adopted on May 24, 2024, aimed at updating the Tax Code, the Customs Code, and laws on state duties and licensing.
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The Azerbaijani Cabinet has implemented significant changes to energy regulations in line with new laws aimed at enhancing the country’s electrical infrastructure. A decree signed by Prime Minister Ali Asadov on December 29 introduces amendments to several prior governmental decisions and cancels previous regulations, including a key rule on electricity production and equipment operation limits.
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