During 10 months, 2012 petrol manufacture in Azerbaijan decreased by 0.2% and totaled 1,068,900 tons, reads monthly report of the Azerbaijan State Statistical Committee.
From January to October Azerbaijan produced 1,195,000 tons of gasoline. Production of virgin gasoline totaled 126,700 tons, down by 23.8%.
During 2011 SOCAR manufactured 1,514,000 tons of gasoline. Production of automobile gasoline increased by 47,000 tons against 2010, while production of virgin gasoline increased by 14,027 tons.-0-
Economics
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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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S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
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In recent days, there have been claims that bread prices in Azerbaijan have risen. Social media users report that the price of bread has increased by 5-10 qepiks. According to consumer complaints, it is difficult to find weight information on factory-produced bread, commonly known as "zavod çörəyi" in Azerbaijan. In many cases, bread packaging does not include weight details. Similarly, bread sold at smaller bakeries and tandir houses often lacks information apart from the price.
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