In May of this year, consumer prices in Azerbaijan declined compared to April by 0.1%, the State Statistics Committee calculated.
According to SSC, in May, food prices decreased on average by 0.7%. Non-food products increased by 0.3% and paid services increased by 0.2%.
In general, for the five months of 2016 inflation in Azerbaijan made 10.4%, according to official calculations. Food rose in price by 11.9%, non-food products increased by 15.3%, and paid services grew by 4.4%. -----08B
Economics
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Azerbaijani President Ilham Aliyev has signed amendments to two presidential decrees, refining the roles and appointments of the State Customs Committee's representatives abroad, including in international organizations.
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Auditing organizations and independent auditors in Azerbaijan concluded 7,232 contracts valued at 133.2 million manats ($78.4 million) in 2023, reflecting increases of 20% in the number of contracts and 7.1% in their total value compared to the previous year, according to the Chamber of Auditors.
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The third meeting of the auction commission was held to evaluate the proposals submitted by participants in the auction for the Gobustan Solar Power Plant project, supported by the European Bank for Reconstruction and Development (EBRD). The meeting focused primarily on determining qualification eligibility and selecting the auction winner, according to the State Agency for Renewable Energy Sources.
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There is no sensationalism in the recent renaming of the Azerbaijani ship Karabakh to Mingachevir; the new name was given to the ship to ensure that two vessels would not operate under the same name, the Merchant Fleet of Azerbaijan Caspian Shipping Company (ASCO) CJSC told Turan.
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