Politics Materials 29 August 2005 14:10 (UTC +04:00)

Consumer market

In July 2005 the consumer market dropped amid inconsiderable rise in commercial services.

According to the State Statistics Committee in January to July the amount of retail goods turnover comprised 13.1trln manats, or 12.4% up as compared to last year. The commercial services delivered to population comprised 2.6bn manats, or 21.2% up as compared to last year.


Inflation ratio fell in July and reached 11.6%, or 1.5% down as compared to June.

All major groups of goods played the key role in cut of inflation ratio. Prices of foodstuff dropped 4.3% and made up 11.9%.

Thus, in June the foodstuff and service prices dropped 2.3% and 13.9 and comprised 4.3% and 6.3%.

Wholesale prices in industry fell 3.6% in June and comprised 24.4%. Prices in oil and gas production rose 24.4%. Wholesale prices in oil and gas production grew 36.9%, while in energy sector вЂ" 0.1%.