From today the price for a sack of flour increased by 1-2 manats, according to the a representative of the "Nur" factory - the largest bakery, who preferred anonymity.
In turn, the representative of the plant for the production of bread "Baker" stated they do not have information about the rise in price of flour. The bakery N 1, they said they had heard about increasing prices on the Internet. Prices for their products have not increased yet.
Experts note that it is due to the fact that previously increased prices for the electricity, it had a chain reaction, and gradually affects various fields.
Thus, in the near future the cost of a standard loaf of bread will increase by 20-30%, economists say. -05В-
Economics
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Eel Electric LLC, a resident of the Agdam Industrial Park, has completed 85 percent of the construction of its power distribution equipment and power sockets plant, the Ministry of Economy announced on Monday.
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The State Tax Service (STS) of Azerbaijan has issued an urgent warning to citizens regarding a surge in fraudulent activities exploiting the name of the country's VAT refund project. According to the STS, cybercriminals have been creating counterfeit websites and online pages that closely mimic the official internet resources of the State Tax Service, luring unsuspecting citizens with promises of VAT refunds.
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On July 30, a meeting of the Working Group on "Inflation and Price Monitoring" was held under the chairmanship of the Head of the Cabinet of Ministers, Rufat Mammadov, to discuss price changes in Azerbaijan's consumer market and the government's anti-inflationary measures this year.
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Azerbaijan's foreign trade balance showed a positive surplus of $4 billion in the first half of 2024, according to data from the Central Bank of Azerbaijan (CBA) on the parameters of the interest rate corridor.
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