Prices and situation in consumer market in Azerbaijan (January 2012)

In Jan. 2012, the Azerbaijani trading networks sold consumer goods to the population at 1.360.3 billion manat, which is 9.4 percent more than Jan. 2011. Legal entities and individual entrepreneurs ensured 59.9 percent of trade turnover, fairs and markets - 40.1 percent.

The share of private sector in the retail trade turnover amounted to 99.4 percent. The population bought consumer goods worth 1.352.7 billion manat from the enterprises in January, or 9.5 percent more than in the same month of last year.

During the reported period, every citizen of the country acquired consumer goods at 149.2 manat that is 17.1 percent more than in Jan. 2011. This stipulates the purchasing capacity of citizens.

The Azerbaijani retail trade facilities sold food worth 845.7 million manat with an increase of 2.9 percent and the share of 62.2 percent and non-food goods worth 514.6 million with a growth of 23.5 percent and the share of 37.8 percent to the population.

The volume of e-trade turnover amounted to 76,100 manat in Azerbaijan in January 2012. About 95.3 percent of this amount falls to the sales made by legal entities, 4.7 percent - physical entities. Non-food goods worth 98.3 percent or 74,800 manat were sold through e-commerce, 1.7 percent (1,300 manat) - food.

Paid services worth 478.3 million manat were rendered to the population during the period, or 10.3 percent more compared to January 2011. Legal entities ensured 57.1 percent of this growth and rendered the services worth 368.0 million manat.

In January 2012, each citizen acquired paid services worth 52.4 manat, or 6.7 manat more than in January 2011. Transportation, public utilities and communication services prevail in the structure of paid services.

Prices

In Jan. 2012, the prices on consumer goods and tariffs for services increased by 0.1 percent compared to the previous month, and increased by 4.8 percent in Jan. 2012 compared to Jan. 2011 (data from the State Statistics Committee).

Food prices increased by 5.7 percent, nonfood goods - by 1.3 percent, and tariffs for services - by5.5 percent compared to Jan. 2011.

Food prices increased by 0.1 percent, nonfood goods and tariffs for services remained at the same level in Jan. 2012 compared to December 2011.

During the month the prices on semolina, mutton, sausage, pasteurized milk, butter, corn oil, tangerines, apples, pears, quinces, pomegranates, chestnuts, cabbage, nuts increased.

The price on flour, bread, buckwheat, beef and chicken, fresh fish, sunflower and olive oil, eggs, lemons, bananas, oranges, carrots, garlic, onions and potatoes cheapened.

In Jan. 2012, the base index of the consumer prices, excluding goods and services, subjected to seasonal changes (fruits and vegetable) and the prices being regulated by the government remained at the same level compared to the previous month and increased by 2.8 percent compared to Jan. 2011.

In Jan. 2012, the index of industrial production prices increased by 2.1 percent compared to the previous month. The prices increased by 19.6 percent compared to 2011. Prices increased by 2.7 percent in the oil and gas production in Jan. compared to the previous month, but increased by 22.8 percent compared to Jan. 2011.

In the processing of chemical products, prices decreased by 4.6 percent during the month, but increased by 9.8 percent per annum. In Jan. 2012, the prices in metallurgy remained at the same level compared to the previous month, and increased by 8.3 percent during the year. In Jan., prices on electricity, gas and water remained unchanged compared to the previous month

In January the index of producer prices in manufacturing industry hit 99.8 percent. The prices in the machinery and equipment production increased by 0.4 percent, wood processing and wood product manufacturing - 0.2 percent, clothing - 0.2 percent, production of rubber and plastic goods - by 0.1 percent.

Prices in the food industry dropped by 0.1 percent, electrical equipment - by 0.2 percent, leather, leather products and footwear - 1.1 percent.

The tariffs for transportation of goods by the transport sector decreased by 2.4 percent in Azerbaijan in January compared to December last year. The tariffs for passenger transportation decreased by 6.4 percent in January.

In January, the tariffs for telecommunications services fell by 5.8 percent. The tariffs for electricity and fixed telephone communication have not been changed. The tariffs for mobile services decreased by 6.6 percent and Internet services by 20.8 percent In January 2012 compared to the same period of 2011.

The producer prices on agricultural products increased by 0.6 percent in Azerbaijan in Jan. 2012 compared to the previous month and increased by 4.7 percent compared to January 2011.

The production prices on livestock products increased by 1.3 percent compared to January last year and 8 percent per year. During the year the price on annual plants increased by 1.4 percent, long-term plants - by 6 percent. The prices on wheat increased by 0.8 percent, corn - 28.5 percent, vegetables, watermelons, melons, roots - fell by 0.1 percent. Leaf and stem vegetables increased by 15.2 percent, watermelons and melons decreased by 10.6 percent, potatoes - increased by 3.2 percent, cotton - by 3.6 percent, forage crops - by 6.6 percent, berries - by 1.4 percent.

The prices on tropical and subtropical fruits increased (1.7 percent), large fruits (10.8 percent), other fruit trees, bush fruits and nuts (15.9 percent). The production prices on citrus fruits decreased by 9.4 percent, grapes - 9.5 percent during the year.

Average market price and indices of basic food commodities in Jan. 2012

Goods

Jan. 2011 (kg/manat.)

Jan. 2012 (kg/manat.)

Jan. 2012 compared to Dec. 2011

January 2012 compared to January 2011

Beef

6,35

7,69

99,8

121,2

Mutton

7,01

8,27

100,2

117,9

Poultry

3,67

3,49

99,5

95,1

Butter

5,98

6,25

100,1

104,6

Vegetable oil

2,04

2,31

99,8

113,2

Margarine

2,35

2,55

100,0

108,6

Milk

1,01

0,92

98,8

90,7

Kefir

1,49

1,55

100,0

104,4

Sheep cheese

4,38

4,63

100,2

105,7

Eggs (10)

1,76

1,16

95,9

66,0

Granulated sugar

1,06

1,16

99,2

108,8

Sugar

1,29

1,41

99,8

110,0

Tea (500 gr)

3,99

4,15

100,2

103,9

Salt

0,49

0,49

100,3

99,4

Wheat flour

0,73

0,72

98,8

98,4

Bread

0,62

0,57

98,8

92,2

Rice

1,56

1,53

100,0

98,3

Manna-croup

1,54

1,65

100,2

106,7

Buckwheat

2,45

2,24

99,0

91,6

Pasta

1,46

1,47

99,9

100,6

vermicelli

1,44

1,44

100,0

100,5

Potato

0,80

0,64

99,3

80,3

Cabbage

0,72

0,56

118,4

78,5

Onion

0,82

0,42

96,5

50,6

Garlic

3,67

2,87

98,8

78,4

Beet

0,84

0,83

96,6

99,1

Carrot

0,89

0,89

96,3

100,0

Cucumbers

1,74

1,73

99,9

99,6

Tomato

2,32

2,09

101,3

90,2

Greens (1 bunch)

0,16

0,27

99,7

170,6

Apple

1,05

1,07

102,5

101,5

Pear

2,20

1,88

105,4

85,1

Tangerine

1,61

1,31

101,4

81,5

Orange

2,32

1,82

98,4

78,7

Melon

2,07

1,24

109,2

60,2

Source: The Azerbaijani State Statistics Committee

Iran hoping to overcome 4-th peak of COVID-19
Iran hoping to overcome 4-th peak of COVID-19
COVID-19 kills 202 more Iranians over past 24 hours
COVID-19 kills 202 more Iranians over past 24 hours
Iran reveals COVID-19 data for May 12
Iran reveals COVID-19 data for May 12
Loading Bars
Latest
Britain reports 2,027 new COVID-19 cases, seven deaths
Emergency session of OIC to be held on May 16 at Turkey’s initiative, Ankara says
Turkey aims to create electric vehicle market
Uzbekistan imported more than 200 million liters of gasoline in Jan-Apr 2021
Iranian, Spanish FMs exchange views on economic, trade coop.
Kazakh, Polish, Ukrainian and Arabian airlines to resume flights to Batumi
All international airlines halt air service with Israel
IDF confirms its strike on Gaza building after advance warning to civilians
Azerbaijani and Tajik FMs discuss situation on Azerbaijani-Armenian border
Fitch Ratings forecasts inflation rate in Azerbaijan for 2021-22
Nordwind launches direct flights from St. Petersburg to Baku from May 18
US ambassador to Azerbaijan, USAID director meet with Azerbaijani MP
Shooting occurred on border with Iran, two Azerbaijani border guards were killed
Suez Canal starts dredging work to extend double lane
At least 2,300 missiles fired at Israel from Gaza Strip since May 10
Africa's COVID-19 cases pass 4.67 mln: Africa CDC
Turkish Airlines resumes flights to Azerbaijan's Ganja (PHOTO)
Azerbaijan shares data on number of vaccinated citizens for May 15
France's import value of Turkish cement rises
Azerbaijan confirms 377 more COVID-19 cases, 1,318 recoveries
Azerbaijan's government budget deficit to narrow in 2021-2022 - Fitch Ratings
Azerbaijan's olive oil company entering Russian market
Turkey's revenues from exporting electrical goods to France increase
Fitch Ratings anticipates Azerbaijan's GDP growth in 2021
Value of Georgia's import of Turkish clothes grows
China's import value of Turkish electrical goods up in 4M2021
Turkey unveils number of ships docking at Tuzla port in 1Q2021
French import of grains from Turkey rises in value
Fitch predicts growth in foreign direct investments in Azerbaijan
U.S. requires inspections for wire failure on Boeing 737 Classic planes
Azerbaijani oil prices rebound
Iran hoping to overcome 4-th peak of COVID-19
Iran worried about blackouts due to cryptocurrency mining at homes
Georgia increases exports of beer
Kazakhstan's import value of Turkish electrical goods disclosed
Kazakhstan’s postal operator to engage repair services via tender
Kazakh energy company opens tender for buying isolators
Uzbekistan's import value of Turkish electrical goods notably up
Walmart says fully vaccinated employees can go without masks starting Tuesday
Azerbaijani president, first lady visit secondary school No 1 and Saint Elisæus Jotaari Church in Nij settlement, Gabala (PHOTO)
Georgia reports 1,576 new cases of COVID-19
Iran hopes to start exporting gas if Vienna talks are successful
Iran's 4M2021 import of Turkish grains doubles in value
Turkey reveals 1Q2021 volume of cargo shipment via Trabzon port
Value of Turkish cement export to Germany rises
EBRD to back development renewable energy projects in Georgia
Azerbaijani president, first lady attend opening ceremony of Gabala Railway Station and Laki station - Gabala single-track railway (PHOTO)
Azerbaijani president, first lady attend opening ceremony of new bridge over Bum River, road to Bum settlement after renovation (PHOTO)
Azerbaijani president, first lady visit Albanian Church of Blessed Virgin Mary in Nij settlement, Gabala (PHOTO)
Azerbaijani president, first lady arrive in Gabala district (PHOTO)
Iran inaugurating more projects in Chabahar port
Romania’s Romgaz lowers natural gas output q-o-q
No provocative actions against Russian peacekeepers noted in Karabakh - MoD
Casualties due to landmines in Azerbaijani liberated territories addressed at online conference
India: Modi releases 8th instalment of PM-KISAN benefits
Fitch revises outlook on Azerbaijan's IDR
Armed forces spearhead India’s Covid battle
UN Secretary-General counts on cooperation with Russia in supporting peace and stability
Romgaz’s investments turn out to be 39% less than planned
Spain logged hottest year on record in 2020
Romgaz sees over 7% decrease in Q1 2021 revenues
Khari Bulbul festival in Azerbaijan's Shusha became message to the world - MP
TAP AG joins other partners to submit White Dragon for IPCEI status
UAE urges Mideast ceasefire, offers condolences to all victims
Vienna Energy Research Group talks Iran's capacity in oil production, int'l oil sales
Iran to invest in Afghanistan's infrastructure projects
Petrochemical revenues to become less volatile, says McKinsey & Co.
Tickets for UEFA EURO 2020 matches in Baku up on sale (PHOTO)
Georgia’s subsistence minimum up
Azerbaijan to have two routes to Turkey within BTK corridor
Europe has right conditions for "safe reopening" of tourism in summer - EU Commissioner
Georgian-Lithuanian co-op facilitates freight transport between China, Europe - Ministry
Jan.-Apr. 2021: Georgian wine export up 15%
Demand for domestic tourism on the rise in Kazakhstan
Some 300 applicants register for Presidential elections in İran
Turkey’s 87 tech zones exports reach $5.8 billion
China's probe lands on Mars
Kazakhstan keen to cooperate with Spain in water resources management
Number of active U.S. drilling rigs increases this week
Cuba reports record number of daily COVID-19 cases
Japanese lawyer implores Tokyo to cancel Olympics, 350,000 sign petition
Romania to ease COVID-19 restrictions from Saturday
U.S. city Columbus agrees to pay 10 mln USD to family of unarmed black man killed by police
3 rockets fired from Syria toward Israel
Indonesia reports 2,633 new COVID-19 cases, 107 new deaths
Turkey reports over 14 400 COVID-19 cases)
New project 'Log in Georgia' to give access to high-speed internet to people in rural areas
Head of Kazakhstan holds meeting with World Bank Vice President for Europe and Central Asia
Lithuanian company launches innovative complex solution in Azerbaijan's financial sector
5.2 mln Ethiopians in restive northern region need food aid - UN
Improved coronavirus conditions lead to further relaxation of restrictions in Cyprus
Israel's annual inflation up 0.8 pct, highest in nearly 2 years
Chairs of Azerbaijani Parliament, Turkish National Assembly talk issues of mutual interest
COVID-19 kills 202 more Iranians over past 24 hours
Lithuania gifts 15,000 Covid-19 vaccines to Georgia
Turkey to gradually relax COVID-19 measures, normalcy in June
President Tokayev receives Finnish Minister for Development Cooperation and Foreign Trade
First Vice-President Mehriban Aliyeva made another post from Karabakh (PHOTO/VIDEO)
Germany's COVID-19 incidence rate drops below 100 for first time in two months
Georgia updates environmental targets with support from EU4Climate project
All news