Prices and situation in consumer market in Azerbaijan (January-June 2010)

In January-June 2010, a rise of the retail goods turnover got restored amid continuing rise of the community services and was 9.0%. The amount of retail goods turnover comprised AZN 8285.0mln. In particular, 72.4% accounted for retail trade, 27.6% - paid services.

In January-June 2010 trading networks of Azerbaijan sold population consumer goods at 6258.6 million manat, which is 8.4% more than 2009. Legal entities provided 14.1% of turnover, fairs and markets - 41.6%, individual entrepreneurs - 43.6%.

In January-June 2010, every citizen of the country acquired consumer goods and paid services at 154.7 manat that is 10.8 percent higher than 2009. 

In January-June 2010 commercial services to population made up 2026.4 million manat, or up 10.5 percent. Individual entrepreneurs provided 71.6% of services, legal entities - 28.4%, with growth of 10.7% and 10.1% respectively.

Prices

In January-June, the prices for consumer goods and tariffs for services declined 0.6 percent compared with the previous month, and compared to January-June 2009 grew by 4.9 percent (data from State Statistics Committee).

The prices for food products in June dropped 1.1 percent compared to May, non-food products remained unchanged, and tariffs for service rose 0.1%. 

Compared with January-June 2009, food prices grew by 4.6 percent, non-food products - 1.8 percent, and tariffs for the service sector - 8.1 percent.

In June 2010, the base index of the consumer prices incurring seasonal changes (fruits and vegetable) and being regulated by the Government rose by 0.1% as compared to the previous month, and 2.4% to 2009.    

As compared to the previous month, in June 2010 the index of industrial goods price decreased 4.8%, but rose 55.5% compared to the same period of the last year.

The price in oil and gas production decreased 7.1% in June compared to previous month, but rose 72.7% in January-June compared to the same period of 2009.

The prices in refining chemical products increased 0.1% in the month and growth totaled 9.1% at annualized pace.

In June, the prices in metallurgy decreased 0.3 percent compared to the previous month, but rose 23.3% at annualized pace. The prices for electricity, gas and water remained unchanged compared to previous month, and during the year.

Average price indexes and basic food commodities
in June 2010

Products

June 2009 (kg, manat.)

June 2010 (kg, manat.)

June 2010 compared to June 2010

January-June 2010 compared to January-June 2009

Beef

5,60

5,50

100,0

98,2

Mutton

6,51

6,43

99,7

98,8

Bird

3,64

3,60

99,7

98,9

Butter

4,79

5,50

99,5

115,0

Vegetable oil

1,82

1,76

100,0

96,7

Margarine

2,03

2,22

100,2

109,4

Milk

0,67

0,90

99,6

135,2

Kefir

1,24

1,34

101,4

107,3

Sheep cheese

3,95

4,08

100,4

103,1

Egg (10 units)

0,92

1,05

106,4

114,0

Granulated sugar

0,81

0,97

100,0

119,0

Sugar

1,00

1,19

100,1

118,7

Tea (500 гр)

3,81

3,95

100,0

103,7

Salt

0,45

0,48

100,0

105,1

Wheat flour

0,52

0,59

99,9

113,6

Bread

0,54

0,53

100,0

96,9

Rice

1,57

1,54

99,6

98,0

Semolina

1,23

1,35

100,0

109,5

Buckwheat

0,94

1,00

100,1

106,7

Macaroni

1,42

1,37

100,0

96,1

Vermicelli

1,35

1,35

100,0

99,6

Potatoes

0,46

0,67

95,4

145,1

Cabbage

0,41

0,53

108,4

127,6

Onion

0,47

0,54

78,3

116,5

Garlic

1,31

1,79

85,6

136,7

Beetroot

0,87

0,81

96,6

93,5

Carrot

0,83

0,85

96,8

102,3

Cucumber

0,69

0,69

93,7

100,5

Tomatoes

1,30

1,41

86,8

108,3

Greenery (1 пучок)

0,14

0,16

100,8

110,4

Bunch

1,22

1,22

101,4

100,2

Cherries

1,51

2,08

99,2

138,3

Strawberries

1,71

1,92

97,3

112,4


Source: State Customs Committee

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