The results of the building materials market monitoring showed that in June the prices of construction materials rose by an average of 0.3%. At the time of the research it became clear that due to the season, the market shows relative activity. Over the last month, prices rose for roofing - 1%, glass - 2.4%, nails - 2.7%, and gypsum boards - 1.7%. At the same time dropped iron pipes 1.5%, channels - 1.5%, and zinc plates - 2.6%. Compared with the beginning of the year, prices fell 2.3%, while compared to the same period last year - 3.0%. During the month, the share of local production in the market was 52%.
Experts attribute the rise in prices and activity to the seasonality of the construction sector, as well as a rise in price of imported goods. As one of the owners of the construction market said, along with the rise in price of imported goods prices also affect illegal fees at customs. Experts predict a continuation of activity in the construction market, despite the fact that prices will remain stable.
Economics
-
Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
-
Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
-
The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
-
There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
Leave a review