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

In January-September 2010, a rise of the retail goods turnover got restored amid continuing rise of the community services and was 8.9%. The amount of retail goods turnover comprised AZN 12.9bln. In particular, 74.6% accounted for retail trade, 25.4% - paid services.

In January-September 2010 trading networks of Azerbaijan sold population consumer goods at 9633.7 million manat, which is 8.5% more than 2009. Legal entities provided 14.1% of turnover, fairs and markets - 44.1%, individual entrepreneurs - 44.1%.

In January-September 2010, every citizen of the country acquired consumer goods and paid services at 160.3 manat that is 13.2 percent higher than 2009. 

In January-September 2010 commercial services to population made up 3280.5 million manat, or up 10.5 percent. Individual entrepreneurs provided 72.0% of services, legal entities - 27.9%, with growth of 11.1% and 9.1% respectively.

Prices

In January-September, the prices for consumer goods and tariffs for services rose 0.9 percent compared with the previous month, and compared to January-September 2009 grew by 5.2 percent (data from State Statistics Committee).

The prices for food products in September rose 1.9 percent compared to August, non-food products rose 0.5 percent, and tariffs for service declined 0.9%. 

Compared with January-September 2009, food prices grew by 5.7 percent, non-food products - 2.0 percent, and tariffs for the service sector - 5.8 percent.

In September 2010, the base index of the consumer prices incurring seasonal changes (fruits and vegetable) and being regulated by the Government rose by 1.1% as compared to the previous month, and 2.9% to 2009.    

As compared to the previous month, in September 2010 the index of industrial goods price declined 0.2%, but rose 38.2% compared to the same period of the last year.

The price in oil and gas production remained unchanged in September compared to previous month, but rose 42.2% in January-September compared to the same period of 2009. 

The prices in refining chemical products decreased 0.7% in the month, but increased 10.2% at annualized pace.  

In September, the prices in metallurgy increased 0.9 percent compared to the previous month, but rose 30.9% 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 September 2010

Products

September 2009 (kg, manat.)

September 2010 (kg, manat.)

September 2010 compared to August 2010

January- September 2010 compared to January- September 2009

Beef

5,61

6,05

102,7

107,8

Mutton

6,47

6,68

103,5

103,3

Bird

3,65

3,59

100,2

98,3

Butter

4,74

5,61

101,8

118,4

Vegetable oil

1,77

1,80

101,4

101,3

Margarine

2,05

2,24

100,4

109,6

Milk

0,69

1,01

101,5

146,2

Kefir

1,25

1,52

100,2

122,0

Sheep cheese

4,00

4,20

101,0

105,1

Egg (10 units)

1,22

1,24

106,3

102,1

Granulated sugar

0,82

0,97

100,2

118,0

Sugar

1,01

1,19

100,4

118,3

Tea (500 gr)

3,83

3,97

100,2

103,6

Salt

0,46

0,48

100,0

105,1

Wheat flour

0,54

0,66

104,2

122,2

Bread

0,54

0,54

101,8

100,3

Rice

1,56

1,57

100,1

101,0

Semolina

1,25

1,39

101,2

110,8

Buckwheat

0,94

1,32

129,9

141,3

Macaroni

1,43

1,39

101,4

97,2

Vermicelli

1,36

1,36

101,1

100,5

Potatoes

0,46

0,58

104,2

125,6

Cabbage

0,48

0,71

98,3

147,7

Onion

0,40

0,50

105,4

125,5

Garlic

1,32

3,25

116,1

245,8

Beetroot

0,84

0,90

102,4

106,3

Carrot

0,89

1,08

101,1

121,6

Cucumber

0,73

0,74

102,0

101,3

Tomatoes

1,05

1,35

101,3

128,1

Greenery (1 bunch)

0,15

0,19

95,5

124,67

Apple

0,83

1,02

88,9

122,4

Grape  

1,07

1,52

85,9

142,1

Pear

1,18

1,55

100,2

131,6

Mandarin  

1,86

20,5

101,1

109,8

Source: State Customs Committee

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