In Azerbaijan from January to November, the average consumer price growth was at an annual rate of 1.5%.
In Georgia, the annual rate is 2.8%, while in Armenia inflation is expected to reach 4%.
According to the State Statistics Committee of Azerbaijan, in the 11 months of this year compared with the same period in 2013 food prices grew by 1.1%, non-food products - 3.5%, and services to the population - 0.4%.
In Baku, the State Committee of Statistics recorded an increase in consumer prices by 1.6%. In the capital, home to about a third of the population, food prices rose in January-November compared to the same period in 2013 by 1.7%, and non-food products – by 3.7%. At the same time tariffs and prices for services fell in Baku by 0.1%.
In the Nakhchivan Autonomous Republic they believe the customers are happy: over 11 months of this year in the autonomy goods and services can be purchased for 0.9% less than in the same period last year. --08B--
Economics
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At the advisory meeting of railway administrations held in Baku on September 19-20, Rovshan Rustamov, Chairman of Azerbaijan Railways CJSC (ADY), met with Ufuk Yalçın, General Director and Chairman of the Board of the Turkish State Railways Company "TCDD Taşımacılık." The meeting marked the second time this year that officials have discussed expanding railway transport cooperation between Azerbaijan and Turkey.
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The Center for Analysis of Economic Reforms and Communication (CAERC) has completed its monitoring and evaluation of the first half of the year in relation to the "I State Program on the Great Return to the Liberated Territories of the Republic of Azerbaijan." This state program focuses on restoring infrastructure and resettling displaced populations in areas that were reclaimed during the 2020 Nagorno-Karabakh conflict.
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In a series of high-level meetings in Baku on September 19-20, Chairman of Azerbaijan Railways (ADY) Rovshan Rustamov met with senior officials from Uzbekistan and Kyrgyzstan. These discussions were held as part of advisory meetings on the establishment of the International Association for the Eurasian Transport Route, aimed at improving connectivity across the continent through the Middle Corridor.
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Azerbaijan Railways (ADY) hosted a high-level meeting with China's Railway Container Transport Corporation (CRCT) as part of growing efforts to enhance railway and logistics cooperation between Azerbaijan and China. The discussions, led by Rovshan Rustamov, Chairman of ADY, and Yang Bin, President of CRCT, focused on expanding freight traffic through the strategically vital Middle Corridor, a key route connecting China to Europe.
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