In September in Baku, as well as in other major cities of Azerbaijan, food prices on average remained unchanged. During the month, there were some changes in the prices of food products. Prices fell for sugar by 5% and for buckwheat by 9%. But the prices of flour slightly increased - by an average of 14%. In connection with the season there was increase in prices for agricultural products - an average of 5%. In general, compared to the same period last year, prices rose on average by 1.8%.
In comparison with the beginning of the year there was a decline in prices of 2.5%. Experts believe that in the coming days there will be stability in the prices of food products. They also predict that the prices of agricultural products will rise rather due to the end of the summer season.-0--
The prices are shown in the table below (in AZN per kg):
Economics
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The State Oil Company of Azerbaijan (SOCAR) and Italy's Eni S.p.A. have signed a Memorandum of Understanding (MoU) focused on energy transition. Azerbaijani Economy Minister Mikail Jabbarov announced the agreement on his account on the social network "X".
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Azerbaijani Economy Minister Mikail Jabbarov met on July 29 with Ali Kibar, Chairman of Turkish conglomerate Kibar Holding, to discuss strengthening bilateral cooperation, boosting investment in industrial production, and supporting partnerships in the energy sector.
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The Cabinet of Ministers of the Republic of Azerbaijan has approved the application form specified in Article 30.1 of the Competition Code. This decision aims to align with the President’s decree No. 1051-VIQ dated December 2, 2023, and address regulatory requirements related to the implementation of the Competition Code.
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Azerbaijani President Ilham Aliyev has issued a decree amending the Land Code of the Republic of Azerbaijan, effective January 2025. The legislative adjustments aim to refine the management and use of agricultural land and enhance regulatory processes.
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