Economics
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From May 26 to June 2, the Caspian Energy Club International delegation will embark on a strategic business trip to Latvia, Estonia and Finland, which will be a step forward in the development of economic cooperation within the framework of the LEF Network project in Azerbaijan.
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According to Minister of Digital Development and Transport Rashad Nabiyev, the revenues of the Azerbaijani transport sector for the period from January to April 2024 amounted to 4 billion 184.1 million manats ($2.46 billion), which is 21% more than in the same period of 2023.
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According to the report of the State Statistics Committee, from January to April of this year, industrial enterprises and private entrepreneurs of Azerbaijan produced industrial products worth 21.1 billion manats ($12.4 billion), which is 13.2% less than in the same period of 2023.
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In the first four months of this year, the consumer price index (CPI) saw a slight rise to 100.7% compared to the same period in 2023, signaling a modest increase in overall prices across various categories, according to the State Statistics Committee.
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