In March of this year, inflation was 0.9%, reported the State Committee on Statistics on April 4.
Food prices in March compared with February rose by 1.8%, non-food products – by 0.5%, and paid services – by 0.1%.
More expensive were wheat flour, rice, buckwheat, pasta, beef and mutton, butter, vegetable oil, alcoholic beverages, tobacco products, many fruits and vegetables.
Last month, the State Statistics Committee recorded an increase in prices for many consumer goods: textiles, clothing and footwear, construction materials, furniture and home accessories, household appliances, appliances, cars and spare parts, jewelry.
Alternative calculation of inflation has not been conducted for the third year. Calculations by the news agency Turan show that immediately after the devaluation of the national currency on 21 February this year, prices and tariffs for many goods and services have become much more expensive. However, the government deliberately underestimates the real rate of inflation for political reasons. -----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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