Economics - 2024
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In July 2024, Baku saw a 2% increase in the average price of a consumer basket of 30 basic food products, according to Turan agency data. This follows a decrease in June.
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According to Turan monitoring, in July, Baku experienced a 2% increase in construction material prices, driven by significant inflationary trends.
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Azerbaijan's tea industry is struggling to meet its ambitious growth targets, despite government efforts to boost production. According to the State Statistical Committee (SSC), the country harvested...
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The World Bank (WB) has proposed increasing funding for renewable energy projects in Azerbaijan following recent consultations between the bank and the Azerbaijani government. The proposed project aim...
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The State Statistics Committee of Azerbaijan has announced amendments to the official statistical reporting form on social benefits, compensations, and pensions, according to a decree issued on July 2...
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Azerbaijan has launched a new customs warehouse dedicated to small and medium-sized enterprises (SMEs), a move aimed at enhancing trade efficiency and easing the logistics process for local businesses...





