In November of this year, the State Statistics Committee fixed the price increase in consumer prices for goods and services by an average of 0.1%.
According to the SSC, in the last month food prices grew by 0.2%. During the month, there was a certain rise in prices for wheat flour, bread premium, rice, buckwheat, meat products, milk and dairy products, eggs, butter and olive oil, cucumbers and tomatoes, potatoes, salt and sugar.
In the absence of celebrations for the month of Muharram decreased demand for meat, which caused some reduction in their prices. Prices for some seasonal fruit (quinces, pomegranates, lemons, tangerines, etc.) and vegetables (cabbages, onions, greens, carrots, etc.) reduced.
According to the observations of SSC during November, as in the previous October, the prices of non-food goods and services remained stable.
Note that, according to preliminary estimates, in November in the Euro area the inflation rate was 0.3%. In neighboring Georgia the statistics recorded a decline in consumer prices by 0.1%. --08D--
Economics
-
Azerbaijan’s Information and Communication Technologies Agency (ICTA) held a meeting with representatives of internet service providers (ISPs) and telecom operators to address concerns over the accuracy of reported internet speeds and the country’s ranking in global broadband performance indices.
-
Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
-
Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
-
Rovshan Najaf, president of the State Oil Company of Azerbaijan (SOCAR), met with Sašo Berger, chairman of Slovenian energy company Petrol dd, and Simon Urbanc, CEO of Geoplin doo, on February 6, underscoring growing cooperation in the natural gas sector between Azerbaijan and Slovenia.
Leave a review