In February of this year, consumer prices in Azerbaijan increased by an average of 1.6%, the State Statistics Committee (SSC) said.
Foodstuffs for the month went up by 2.5%, non-food products – by 0.9% and services to the population – by 1%.
For a month, SSC recorded a decline in the retail price of eggs. For other types of food (rice, buckwheat, pasta, lamb and beef, sausages, fish products, dairy products, oils, sugar, tea, coffee, cocoa, fruits, vegetables, spirits and tobacco), prices increased.
Prices for many non-food items also increased. These are fabrics, clothing and footwear, building materials, furniture and home implements, jewelry and glass products, carpets, household appliances, computers, office supplies, cars and their spare parts, etc.
In just two months, inflation was 12.5% year-on-year, including food - 15.6%, non-food products - 12.5% and paid services to the population - 8.4%. ---- 08D
-
- Want to say
- 14 March 2017 13:03
-
- Economics
- 14 March 2017 13:28
Economics
-
The Central Bank of Azerbaijan (CBA) has approved the "Green Taxonomy," according to a decision by its Board of Directors on November 13.
-
Azerbaijan's state oil and gas company, SOCAR, has signed a joint development agreement with Bulgaria’s "Asarel Energy," part of the Asarel Medet holding group. The agreement was signed on November 13 during the COP29 summit in the presence of the Presidents of Azerbaijan and Bulgaria, Ilham Aliyev and Rumen Radev.
-
Saudi Electricity CEO Khalid Al-Hamidi and Baba Rzayev, Chairman of Azerbaijan's state-owned energy company Azerenergy, signed a memorandum of understanding (MoU) on Wednesday during the COP29 summit in Baku. The agreement, inked after a high-level meeting between Azerbaijan's Minister of Energy and his Saudi counterpart in the event’s Blue Zone, aims to enhance cooperation on integrating renewable energy into Azerbaijan’s power grid.
-
The CEO of ICGB, the operator of the Greece-Bulgaria Interconnector (IGB), Theodor Georgieva, underscored the critical role of Azerbaijan and other gas suppliers to the European Union in the event of a potential cessation of Russian gas deliveries through Ukraine, speaking to journalists on the sidelines of COP29 in Baku.
Leave a review