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MARKET SITUATION. DEMAND AND PRICES

Politics Materials 11 January 2006 12:03 (UTC +04:00)

Consumer market

In November 2005 a rise of the retail goods turnver got restored amid continuing rise of the community services.

According to the State Statistics Committee in January to November the amount of retail goods turnover comprised 20.7trln manats, or 12.9% up as compared to last year. The commercial services delivered to population comprised 4.3bn manats, or 24.8% up as compared to last year.

Prices

Inflation ratio fell in November and reached 9.9%, or 2.5% down as compared to October.

All major groups of goods played the key role in cut of inflation ratio. Prices of foodstuff rose 1.9% and made up 5.5%.

Thus, in November non-foodstuff prices grew inconsiderably 0.4%, while in Jan-Nov the rise was 2.6%.

Wholesale prices in industry fell 6.8% in August and comprised 19.4%. Prices in oil and gas production rose 15.5%. Wholesale prices in oil and gas production grew 2.5%, refinery of chemical products 7.9%, metallurgy 6.6%, while in energy sector the prices remained uncanged and comprised 99.9%.

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