In September in Azerbaijan's capital and other major cities of the country, food prices on average remained unchanged. At the same time, within a month the prices of some food yet underwent a change. In particular, fell by 4.1% corn oil prices and 25% - those of eggs. In comparison with the same period last year, average prices rose by 1.8%, but in comparison with the beginning of the year prices fell by 2.5%.
Non-seasonal fruits and vegetables prices rose by an average of 15-20%. At the same time seasonal fruits and vegetables prices have fallen by 30-35%.
In the coming days, food prices will remain relatively stable, and seasonal fruits and vegetables prices will fall.
Economics
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On 21 December, Russian Transport Minister Roman Starovoit met with Azerbaijani Minister of Digital Development and Transport Rashad Nabiyev at the Russian Ministry of Transport.
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Hundreds of trucks are stuck in the Kazakh port of Kuryk, facing delays for several days while waiting for ferry transport to Azerbaijan, the Azakhstan portal reports lada.kz. The backlog is due to a combination of reduced ferry availability, adverse weather conditions, and an influx of cargo rerouted because of expanded sanctions on Russia.
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Members of the Association of Independent Industrialists and Businessmen (MÜSIAD) have invested 61.3 million manats in Azerbaijan's economy over the past three years, Rashad Jabirli, chairman of "MÜSIAD Azerbaijan," revealed during a media briefing.
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While the global economy faces persistent challenges, trade between China and Azerbaijan has defied downward trends, demonstrating significant growth. According to official statistics from Azerbaijan, bilateral trade in 2023 reached 3.1 billion US dollars. In just the first ten months of 2024, trade volume increased by 17.1% year-on-year, reaching 3.02 billion US dollars, putting the annual trade figure on track to hit a record high.
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