According to the State Statistics Committee, the country's population from January to June spent 9 billion 531.6 million AZN on purchasing consumer goods (+ 9.7% to June 1 last year).
The purchase of food products, according to official data, was spent 4,777,300,000 manats (+ 6.3%), and non-food – 4,754,300,000 manats (+ 14%). Services were spent 2 billion 615.6 million manats (+ 5.4%). It is noteworthy that three quarters (73.8%) of the total volume of services (in value terms - 1 billion 931.4 million AZN) were rendered by legal persons (an increase of 4%). --17D-
Economics
-
According to the State Customs Committee, in the first eleven months of this year, Azerbaijan transported 6.96 million tons of cargo by rail, worth $3.01 billion. This represents a 4% decrease in volume and a 10.1% decline in value compared to the same period in 2023.
-
The Cabinet of Ministers of Azerbaijan has approved a set of regulations to govern the approval of agreements under the country’s competition law, aimed at fostering compliance with legal frameworks and enhancing market transparency.
-
Azerbaijan's ambitious program to restore territories liberated from Armenian occupation has attracted attention due to the extensive use of single-source procurement methods, raising concerns about transparency and corruption.
-
Azerbaijan recorded a 2% increase in wheat imports from January to November 2024 compared to the same period in 2023, underscoring its continued reliance on external sources to meet domestic demand. This growth comes amid a significant decline in domestic wheat production, which decreased by 148,100 tons in 2024, further intensifying the need for imported supplies.
Leave a review