In the first quarter of the year the production of sugar cubes and granulated sugar reached 103.6 thousand tons (minus 6.4% in comparison with indicators by April 1 last year), the State Statistics Committee said. The trend towards reduction began in 2012 and in 2013 the area under cultivation of beet reduced to the current 5.5 thousand ha.
According to official figures, the production of margarine also reduced, making 8.11 thousand tons (minus 11.4%) by April 1.
All other positions were in the plus. Thus, the production of bread and bakery products was 188.7 thousand tons (+ 1.2%), meat (including poultry) - 70.9 thousand tons (+ 1.9%), sausage - 531.5 tons (+ 21.4%) and milk - 215.9 thousand tons (+ 3.3%).
Production of cream and sour cream reached 1 thousand 174.9 tons (+ 1%), cheese and cottage cheese - 12.45 thousand tons (+ 4.8%), butter - 5.82 thousand tons (+5.8 %), jam and marmalade – 8,486.9 tons (+ 1.3%), purified liquid vegetable oil – 16,853.3 tons (+ 97.4%).
Overall, in the first quarter an increase of food production (+ 3.5%) was recorded. --17D-
Economics
-
S&P Global Ratings has revised its risk assessment of Azerbaijan’s banking sector, upgrading the outlook from "stable" to "positive."
-
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.
-
A trilateral meeting of the foreign ministers, transport ministers, energy ministers, and heads of customs services of Russia, Iran, and Azerbaijan is set to take place soon to discuss the progress of the Rasht-Astara railway project, a key element of the International North-South Transport Corridor (INSTC). This was announced by Iran’s Ambassador to Russia, Kazem Jalali.
-
Azerbaijan and Tatarstan continue to strengthen trade and economic cooperation, based on mutual interests in energy, mechanical engineering, petrochemicals, agriculture, and transport. Bilateral relations have shown steady growth, supported by regular visits of official delegations and participation in international economic forums.
Leave a review