Prices and situation in consumer market in Azerbaijan (January-April 2011)

In January-April 2011, a rise of the retail goods turnover got restored amid continuing rise of the community services and was 8.6%. The amount of retail goods turnover comprised 6.4bln. In particular, 69.3 percent accounted for retail sales, 26.8 percent - paid services.

In January-April 2011, the trading networks of Azerbaijan sold population consumer goods at 4.905.0 billion manat, which is 8.3% more than 2010. Legal entities provided 13.0% of turnover, fairs and markets - 42.7%, individual entrepreneurs - 43.6%.

In January-April 2011, the paid service rendered to population amounted to 1.503.1 billion manat, which is 9.4 percent more as compared with 2010. Individual entrepreneurs provided 73.2 percent of services, legal entities - 26.8 percent with growth of 11.2 percent and 4.8 percent respectively.

In January-April 2011, every citizen of the country acquired consumer goods and paid services at 177.6 manat that is 16.6 percent higher than 2010, indicating that the purchasing capacity of citizens has increased.

In connection with the rapid economic development and population growth in prosperity, the Azerbaijanis preferred to global brands for many commodities, including alcoholic beverages, cigarettes and other tobacco products, motor vehicles, etc.

Prices

In April 2011 , the prices for consumer goods and tariffs for services decreased 0.3 percent compared with the previous month, and compared to January-April 2010 grew by 9.0 percent in 2010 (data from State Statistics Committee).

Compared with January-April 2010, food prices in January-April 2011 grew by 13.1 percent, non-food products - by 2.8 percent and tariffs for services - by 3.7 percent.

In April, of paid services rendered to the population, tariffs increased for the international transportation of passengers, as well as transportation to CIS countries by air.

In April 2011, the base index of the consumer prices incurring seasonal changes (fruits and vegetable) and being regulated by the Government decreased by 0.4% as compared to the previous month, and 6.1% to January-March 2010.

As compared to the previous month, in April 2011 the index of industrial goods price increased 6.3%, but rose 23.3% compared to the same period of the last year.

The price in oil and gas production increased 7.5 percent in April 2011 compared to previous month, but increased 26.7% compared to the same period of 2010.

The prices in refining chemical products increased 3.9% in the month, but increased 18.1% annually.

In April 2011, the prices in metallurgy increased 21.5% compared to the previous month, but rose 14.6% during the year. The prices for electricity, gas and water increased 0.1% compared to previous month, but during the year dropped 0.1 percent.

In April 2011, production prices for agricultural products dropped by 0.1 percent compared to March, but rose 13.5 percent compared to the same period of the last year.

Prices for forestry products in April decreased by 5% and during year by 2.2%, for fish and fish products dropped by 2.4 percent compared with March, but by 7.6% during the year.

The total amount of agricultural production in January-April was 676.569 million manat, which is 19.4 percent more compared to the same period of last year.

In January-April 2011, agricultural production in Azerbaijan grew by 5.2 percent compared to the same period of last year, including crop production - 10.5 percent, livestock production - 5 percent.

Cost of forestry goods for the period amounted to 392,000 manat compared to 442,300 manat in January-April last year, the fishery - 56,100 manat compared to 50,000 manat.

Average price indexes and basic food commodities
in January-April 2011

Products

April 20 1 0 ( kg , manat .)

March 201 1 ( kg , manat .)

April 2011 compared to March 2011

January-April 2011 compared to January- April 2011

Beef

5,49

6,55

101,3

119,3

Mutton

6,45

7,22

101,4

112,0

Bird

3,62

3,49

97,4

96,6

Butter

5,50

6,13

99,8

111,5

Vegetable oil

1,76

2,11

100,2

120,3

Margarine

2,20

2,38

99,9

108,3

Milk

0,99

0,99

97,6

100,4

Kefir

1,37

1,55

100,3

113,6

Sheep cheese

4,08

4,52

100,4

110,8

Egg (10 units )

1,02

1,25

76,8

123,0

Granulated sugar

0,96

1,14

99,3

119,2

Sugar

1,16

1,38

99,7

118,6

Tea (500 gr )

3,93

4,08

100,3

104,0

Salt

0,47

0,50

99,9

106,3

Wheat flour

0,61

0,79

100,0

129,3

Bread

0,53

0,62

99,9

116,8

Rice

1,61

1,58

99,7

98,2

Semolina

1,35

1,58

100,3

117,3

Buckwheat

0,99

2,42

99,7

246,1

Macaroni

1,37

1,46

100,0

106,5

Vermicelli

1,34

1,44

99,9

107,3

Potatoes

0,71

0,87

96,0

122,7

Cabbage

0,56

0,92

103,4

164,2

Onion

0,88

0,97

95,5

110,2

Garlic

2,50

3,81

99,2

152,1

Beetroot

0,85

0,94

99,2

109,9

Carrot

0,91

1,17

100,8

128,0

Cucumber

1,33

1,60

82,9

119,8

Tomatoes

2,07

2,14

87,5

103,2

Greenery (1 bunch )

0,17

0,14

89,0

81,8

Apple

1,06

1,85

109,7

174,6

Grape

0,99

2,25

92,8

228,4

Pear

2,14

2,65

99,2

123,3

Pomegranate

2,50

3,31

104,7

132,4

Mandarin

1,70

2,00

99,4

117,7

Source: State Statistics Committee

Uzbekistan eyes increasing competition in automotive industry
Uzbekistan eyes increasing competition in automotive industry
Uzbekistan, World Bank talk socio-economic reforms in 2021 for ensuring macroeconomic stability
Uzbekistan, World Bank talk socio-economic reforms in 2021 for ensuring macroeconomic stability
Uzbekistan reveals COVID-19 data for January 19
Uzbekistan reveals COVID-19 data for January 19
Loading Bars
Latest
Brent crude edges up as optimism over economy outweighs fuel demand concerns
Uzbekistan eyes increasing competition in automotive industry
Iranian currency rates for January 19
Uzbekistan, World Bank talk socio-economic reforms in 2021 for ensuring macroeconomic stability
Baku Trade Port hikes cargo transshipment in 2020
Government Clears Largest Fighter Aircraft Procurement for Indian Air Force
India, Bangladesh are commemorating 50 years of diplomatic ties this year: MEA
Several facilities to be launched in Iran’s electricity sector
Covaxin efficacy meets WHO standards, safe to use: Joint Drugs Controller
Azerbaijan boosts oil, oil products shipment via Dubandi terminal in 2020
Indian Government sends aid to flood victims in central Vietnam
Uzbekistan reveals COVID-19 data for January 19
ACG oil transshipment from Ceyhan terminal exceeds 8.5 million tons YTD
Startup India International Summit: Narendra Modi listens journey of Nepali businessman
Кazakh Electricity Grid Operating Company to buy electrical equipment via tender
2020 export of oil bitumen from Azerbaijan grows tenfold
Azerbaijan records plunge in number of foreign visitors in 2020
Turkmenistan registers Russian-made COVID-19 vaccine
Geodetic survey of IGB’s 182-km route nearing completion
Length of IGB’s welded sections reaches 90 km
Production, deliveries of all line pipes for IGB completed
Magnitude 6.8 quake strikes San Juan Province, Argentina
Iran could develop co-op with Finland in various sectors - TPO
Licensing for IGB’s commercial operation nearing final stage
Cargo transportation between Azerbaijan and Russia continued in 2020 - Trade Representative
Vaccine used in Azerbaijan also effective against new COVID-19 strain - TABIB
TABIB discusses side effects of COVID-19 vaccine
Turkey’s top science body provides support for young inventors
Chinese mainland reports 12 new imported COVID-19 cases
Georgian government works on restriction phase-out plan
Number of COVID-19 cases exceeds 170,000 in Kazakhstan
Kazakhstan reports increase in export of crude petroleum oils to Poland
EU plans to start spending huge recovery fund in months
Iran prioritize clearance of strategic goods from Customs
Brazil's COVID-19 death toll tops 210,000
Nigerian troops kill 30 bandits in gunfight
France's daily new COVID-19 infections at a more than six-week high
UK figure of daily new coronavirus cases drops further
Azerbaijani Foreign Minister meets with delegation of the Turkic Council, TURKSOY and Turkic Culture and Heritage Foundation
Spain eyes to support Georgia to further develop its tourism, infrastructure and energy fields
Sweden begins to administer second dose of COVID-19 vaccine
Canada to lift Boeing 737 MAX flight ban on January 20
CBI reacts to the German claim about INSTEX
Weekly review of Georgian capital markets (Jan.11 through Jan.15)
Trade balance between Azerbaijan and Turkey remains positive in 2020
Losses of JSC Georgian Railways increase
Kazakhstan boosts imports from Spain despite COVID-19 pandemic
Georgia makes investments in Kazakhstan's production of ferroalloys
Georgian FM meets Spanish officials in Madrid
Disneyland Paris delays reopening to April 2 due to COVID-19
Crime activity down in Azerbaijan
Kazakhstan discloses projects approved for financing within 'Almaty business-2025' program
Interior minister discloses number of crimes registered in Azerbaijan in 2020
Iran says won't accept new conditions within JCPOA
Azerbaijan names number of servicemen of Internal Troops of Interior Ministry who became martyrs
New memorandum between Azerbaijan and Turkey to be discussed
Azerbaijan shows footage from Alolar village of Kalbajar district (PHOTO/VIDEO)
Azerbaijan confirms 503 more COVID-19 recoveries
Gazprom reveals volume of gas imported by Georgia from Russia
Share of nuts, fruits, citrus peels in Azerbaijan's total export increases
Iranian Energy Exchange announces products to be on sale on January 19
Azerbaijan starts vaccination against coronavirus (PHOTO/VIDEO)
Turkish, Azerbaijani businessmen to carry out joint projects to revive Karabakh
Uzbekistan eyes increasing share of national currency in sovereign bonds
Roadmap for co-op on Lapis-Lazuli project signed
Azerbaijan's Central Bank to improve banking infrastructure in regions during 2021
Azerbaijan's SOCAR Polymer becomes largest importer in Russia
Iran’s Bahar Azadi gold coin price starts to fall
Georgia, Turkey discuss bilateral strategic partnership
Cargo turnover in Georgian ports decreases
Some statements by Armenian officials cause tension - Lavrov
Liberation of Azerbaijani territories forms new economic reality
Iran's Shazand Oil Refining Company opens tender to buy equipment
Volume of lending for Azerbaijani industrial and manufacturing sector increases
Railroad infrastructure investment projects may be implemented between Turkmenistan, Spain
Trilateral Statement on Karabakh has no secret clauses - Russian FM
Armenian side didn't provide lists of prisoners of war immediately and completely - Lavrov
Property appropriated by Georgian MFOs as payment of debts on loans down
Industrial enterprises put into operation in Iran's West Azerbaijan Province
Uzbekistan discloses number of enterprises created in healthcare sector in 2020
Uzbekistan’s 2020 volume of remittances up
Uzbekistan plans to create wholesale electricity and gas market
Azerbaijan to be one of first countries to see COVID-19 pandemic's end - agency's chairman (PHOTO)
Preparatory work under completion in Azerbaijan’s Alley of Martyrs (PHOTO)
Significant number of currency exchange offices closes in Georgia
2021 begins with victories, says President of Azerbaijan
Azerbaijan's export of beverages nearly halves
CISCO eyes to apply smart lighting model in Baku
Let no-one think that they may have special privileges - President of Azerbaijan
War is over, Nagorno-Karabakh conflict consigned to history - President of Azerbaijan
Everything in liberated lands must be done in planned manner - President Aliyev
Main export-import data between Turkmenistan, Spain published
Amount of money saved in biotech field in Iran revealed
Air Arabia airline company returning to Georgian market
Restoration of the Karabakh region is high on my agenda - President of Azerbaijan
Industry, agriculture, non-oil sector, export opportunities, reduction of dependence on imports – all these factors created new reality today - President Aliyev
Azerbaijan's state agency talks current status of road construction to post-war Shusha (PHOTO)
Number of insignia awarded to Azerbaijan's transport workers in 2020 revealed
Kazakhstan decreases export of crude petroleum oils to Romania
Total speeds up renewables push with $2.5 billion investment in Indian solar power
All news