Consumer market
In August 2006 a rise of the retail goods turnover got restored amid continuing rise of the community services and was 18.6%. In January to August the amount of retail goods turnover comprised 3638.8m manats, or 12.5% up as compared to last year. The commercial services delivered to population comprised 849.5bn manats, or 38.9% up as compared to last year.
Non-momentary factors made a considerable impact on inflation (66.9%). The share of administratively regulated prices made up in this period was 24.3%, which is linked with a rise in diesel prices (2 times), kerosene -1.3 times, sugar (34.3%). The impact of seasonal factors was on the level of -30.4%, which cased 4.5%-falls in prices in summer season. It cut 8-month inflation by 30.4%, whereas in winter season the prices dropped 1.5%, and caused 10.2% rise in 6-month inflation.
rices
Over the first 8 months inflation ratio rose inconsiderably 6.9% against 11.1% last year.
Consumer price rose 10.2% as compared June 2006.
Inconsiderable rise in growth pace of inflation was caused by rise of growth pace of prices on all major category of goods and services. In August non-foodstuff prices grew 7.5%. Rise in prices for non-food goods was inconsiderable than the rise of prices of foods products. Rise in prices was 9.6% as compared to January to August 2005
Rise in the prices of non-food products was inconsiderable than the prices of food products. Thus, in August the prices of non-food goods rose 3.5%. Rise in prices in the period from January to August was 4.8% as compared to last year.
As compared to July 2005 in August index of industrial goods product dropped 0.3%. Drop over 8 months made up 18.1% as compared to last year and 21.4% as compared to August 2005. In this period prices in oil and gas products rose 19.1% as compared to 2005. Rise in prices of oil and gas productions rose 14.4%, while in August 18.7%. Wholesale prices in oil refinery grew 47.3%, and the same pace was maintained in August as compared to 2005. In refinery of chemical products drop was 0.8%, while in August it rose 11.2%. Rise in metallurgy made up 10.2% and 12.4% respectively. In energy sector the prices remained unchanged and comprised 99.9%.