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MARKET SITUATION. DEMAND AND PRICES

Politics Materials 2 December 2005 12:03

Consumer market

In October 2005 a rise of the retail goods turnover continued amid rise of the community services.

According to the State Statistics Committee in January to October the amount of retail goods turnover comprised 18.8trln manats, or 12.5% up as compared to last year. The commercial services delivered to population comprised 3.81bn manats, or 21.6% up as compared to last year.

Prices

In October inflation ratio fell sharply and reached 7.1%, or 4.1% down as compared to September.

All major groups of goods played the key role in cut of inflation ratio. Prices of foodstuff dropped 6.1% and made up 5.4%.

The non-foodstuff prices dropped 0.9% to 5.4, while service prices dropped 0.1% and comprised 14.4%.

Wholesale prices in industry fell 13.4% in August and comprised 8.4%. Prices in oil and gas production rose 11.6%. Wholesale prices in oil and gas production grew 2.5%, while in energy sector вЂ" 0.1%.

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