State Statistics Committee (SSC) of Azerbaijan recorded inflation at 0.6% in March compared to February of this year. Recall that in January and February, consumer prices rose by 1.2% and 0.5%.
In SSC they told Turan that in March food prices grew by an average of 1.3%. Prices of non-food products and services, as well as in February, remained basically stable.
Employees of the State Statistics Committee recorded in March rise in pasta and sausages, fresh fish, milk, sour cream, vegetable oil, as well as some fruits and vegetables. Several cheaper rice, buckwheat, beef, chicken and chicken thighs egg, butter, sugar and granulated sugar.
NGO "Center for Economic Research" (CER) from this year suspended the alternative calculation of the consumer price index, which was conducted in 2008. Therefore, alternative estimates of official data on inflation not. Typically, alternative calculations revealed higher rate of price increase. For example, at the end of 2012, SSC announced the 1.1% level of inflation. CER recorded inflation at 9.9%. SSC does not agree with the methodology for calculating the level of consumer prices by the CER, which, according to the SCS, is not in line with international practice. - 08D-
Economics
-
The State Oil Company of Azerbaijan (SOCAR), Albania’s Ministry of Infrastructure and Energy, and Albanian gas company Albgaz signed a memorandum of understanding (MoU) on Sunday in Baku during the 29th session of the UN Climate Change Conference (COP 29).
-
The Green Energy Corridor project, aimed at delivering green energy from Azerbaijan through Georgia and the Black Sea to Romania, Hungary, and Bulgaria, has entered the investment assessment phase, according to Georgian Deputy Prime Minister and Minister of Economy and Sustainable Development, Levan Davitashvili.
-
Azerbaijan’s state oil company SOCAR and Italy’s Italgas signed a cooperation agreement on Sunday during the 29th session of the United Nations Framework Convention on Climate Change (COP29), aimed at accelerating the energy transition.
-
Turkey aims to achieve carbon neutrality by 2053, transforming key sectors of its economy in line with a vision of "net-zero emissions and green development," President Recep Tayyip Erdogan announced at COP29 in Baku on Monday.
Leave a review