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Population Spends More on Consumption
Trade outlets earned 2 billion 243.2 million manats from retail trade of consumer goods in January (+ 4.6% compared to January of last year).
According to the State Statistics Committee, for the purchase of food products, beverages and tobacco, the population spent 1 billion 124.8 million manats (50.14%), and for non-food products 1 billion 118.4 million manats was spent.
Non-food items included 16.7% of textiles, clothing and footwear, 6.6% of electric appliances and furniture, 5.9% of motor fuel, 1.4% of pharmaceuticals and medical products, 0.8% of computers and telecommunications equipment and others, and 18.5% - of other non-food items. --17D-
Economics
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Bulgaria considers Azerbaijan a key strategic partner in the energy sector, as the country plays a crucial role in diversifying gas supplies and strengthening regional energy security, Bulgaria’s newly appointed Energy Minister Jecho Stankov said during a meeting with an Azerbaijani delegation.
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Rovshan Najaf, president of Azerbaijan’s state oil company SOCAR, met with Majid Jafar, CEO of Crescent Petroleum, on February 6 to discuss potential avenues for collaboration in the energy sector. The meeting marked an important step in strengthening ties between the two companies, with both sides exchanging insights on their respective operations and assessing opportunities of mutual interest.
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