Economics - 2024
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Azerbaijani citizens, who had been steadily increasing their investments in the Turkish housing market since 2017, witnessed a sharp deceleration in activity starting in 2023. According to data from t...
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International rating agency S&P Global Ratings has reported a staggering 300% surge in freight rates on key routes, notably Asia-Europe, following the recent Houthi attack on shipping in the Red Sea....
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In fiscal year 2023, Azerbaijan reported a positive foreign trade balance of $16 billion 613 million 210.17 thousand, as per data released by the State Customs Committee (SCC). While still substantial...
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According to the State Customs Committee (SCC), in January-November 2023, Azerbaijan saw a significant increase in car imports - by 28.7%. At the same time, a total of 95,971 units of products were im...
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In a surprising turn of events, the Deputy Head of the State Service for Antimonopoly Policy and Consumer Market Supervision, Jafar Babayev, has sparked intriguing statement over the possibility of tr...
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As 2024 unfolds, a comprehensive study by Picodi analysts sheds light on the shifting landscape of minimum wages across 67 countries, unraveling intriguing dynamics in the wake of economic fluctuation...





