Consumer prices in Azerbaijan rose by an average of 11.6%, the State Statistics Committee reported for the first ten months. In January-October, food prices grew at an annual rate of 13.4%, non-food products - 16.3%, services - 5.4%.
In October, inflation was 1.3%, including food - 2.3%, non-food products - 1.1%, and services - 0.2%.
An alternative calculation of inflation in Azerbaijan was made in 2012. Independent researchers and politicians noted that consumer prices after two critical devaluations of the national currency in 2015 increased by 30 to 50%. -----08D
Economics
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An investigation led by Ghalib Toghrul, Chairman of the Board of the Center for Economic Research, has highlighted budgetary expenditures in the Azerbaijani districts of Aghdam, Fuzuli, and Khojavend, focusing on civil service projects linked to the reconstruction of territories liberated from Armenian occupation.
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On February 4, Azerbaijani Economy Minister Mikayil Jabbarov met with a delegation of the International Monetary Fund (IMF) led by Anna Bordeaux, head of the IMF mission in Azerbaijan, to discuss economic cooperation, financial sector issues and structural reforms, the ministry said.
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Azerbaijan Railways CJSC (AZD) transported 713,699 passengers in January 2025, marking a 15% increase compared to the same period last year, the company said on Tuesday.
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Last week, Azerbaijani media reported an impending increase in retail bread prices, attributing the rise to an increase in product weight. The following day, an official notification confirmed that the government had no intentions of sanctioning a bread price hike in the country. However, the threat of a price increase for this staple food remains for another reason.
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