Prices and situation in consumer market in Azerbaijan ( First quarter 2012 )

In the first quarter of 2012, the Azerbaijani trading networks sold consumer goods to the population at 4.126.4 billion manat, which is 9.3 percent more than January-March 2011. Legal entities and individual entrepreneurs ensured 46.0 percent of trade turnover, fairs and markets - 41.5 percent.

In the retail trade turnover private sector's share hit 99.5 percent. Population acquired consumer goods worth 4.104.4 billion manat from these enterprises in January-March, which is 9.4 percent more than the corresponding period of last year.

During the reporting period, every citizen of the country acquired consumer goods at 150.5 manat in the first quarter of 2012, which is 15.2 percent more than in January-March 2011. This stipulates the purchasing capacity of citizens.

The Azerbaijani retail trade facilities sold to the population food worth 2.467.6 billion manat with an increase of 4.3 percent and the share of 59.8 percent and non-food goods worth 1.658.8 billion with a growth of 18.6 percent and the share of 40.2 percent.

Paid services worth 1.312.7 billion manat were rendered to the population during this period, or 9.4 percent more compared to January-March 2011. Legal entities ensured 71.2 percent of this growth and rendered the services worth 1.016.3 million manat.

In the first quarter of 2012, each citizen acquired paid services worth 47.9 manat, or 4.6 manat more than in the first quarter of 2011. Transportation, public utilities and communication services prevail in the structure of paid services.

Prices

In March 2012, the prices on consumer goods and tariffs for services increased by 0.3 percent compared to the previous month, and increased in price by 3.1 percent in the first quarter of 2012 compared to the first quarter of 2011 (data from the State Statistics Committee).

Food prices increased by 3.9 percent, nonfood goods - by 1.3 percent, and tariffs for services - by 2.5 percent compared to January-March 2011.

In March 2012 food prices increased by 0.7 percent, nonfood goods decreased by 0.1 percent and tariffs for services remained at the same level compared to February 2012.

During the month the prices for beef, mutton, sausages and chicken meat (0.4 percent), fish products (5.2 percent), vegetables (1.9 percent), fruits (1.8 percent), tea, coffee and cocoa (0.3 percent) increased.

The prices for flour, bread, and buckwheat (0.1 percent), dairy products, butter and cheese (0.8 percent) cheapened.

In March 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 increased by 0.1 percent compared to the previous month and increased by 2.4 percent compared to January-March 2011.

In March 2012, the index of industrial production prices increased by 4.7 percent compared to the previous month. The prices increased by 18.9 percent compared to the first quarter of 2011. Prices increased by 5.3 percent in the oil and gas production in March compared to the previous month, and increased by 22.0 percent compared to January-March 2011.

In the processing of chemical products, prices increased by 2.8 percent during the month, but increased by 6.9 percent per annum. In March 2012, the prices in metallurgy decreased by 2.0 percent compared to the previous month, and increased by 15.3 percent during the year. In March prices on electricity, gas and water remained at the same level and decreased by 0.1 percent per annum.

In March 2012, the index of industrial production prices hit 100.2 percent. The prices in the machinery and equipment production increased by 2.3 percent, wood processing and wood product manufacturing, as well as clothing remained at the same level, production of rubber and plastic goods decreased by 6.7 percent.

Prices in the food industry decreased by 1.3 percent, electrical equipment - by 0.2 percent, leather, leather products and footwear - 2.4 percent.

Average market price and indices of basic food commodities in January-March 2012

Goods

March 2011 (kg/manat)

March 2012 (kg/manat)

March 2012 compared to February 2012

March 2012 compared to March 2011

Beef

6,46

7,64

100,1

118,2

Mutton

7,15

8,53

102,0

119,2

Poultry

3,59

3,44

99,6

95,6

Butter

6,14

6,25

100,2

101,9

Oil

2,11

2,29

99,7

108,7

Margarine

2,39

2,54

100,0

106,7

Milk

1,02

0,97

99,6

95,8

Kefir

1,55

1,54

100,0

99,3

Sheep cheese

4,49

4,60

99,8

102,6

Eggs (10)

1,62

1,09

95,4

67,0

Granulated sugar

1,15

1,15

99,7

99,9

Sugar

1,40

1,42

100,1

101,6

Tea (500 gr)

4,07

4,17

100,3

102,6

Salt

0,50

0,48

100,3

97,2

Wheat flour

0,78

0,70

100,3

89,4

Bread

0,62

0,56

99,8

90,7

Rice

1,58

1,53

99,9

96,8

Manna-croup

1,58

1,64

100,0

103,9

Buckwheat

2,43

2,16

98,1

88,6

Pasta

1,46

1,47

99,8

100,3

vermicelli

1,44

1,44

99,8

100,2

Potato

0,91

0,63

99,0

70,0

Cabbage

0,89

0,72

109,4

80,8

Onion

1,01

0,38

93,5

38,0

Garlic

3,85

2,85

99,5

74,1

Beet

0,94

0,81

97,4

85,9

Carrot

1,16

0,85

95,7

73,3

Cucumbers

1,93

1,81

100,9

93,9

Tomato

2,45

2,16

100,9

88,3

Greens (1 bunch)

0,16

0,25

88,7

156,2

Apple

1,67

1,16

105,7

69,6

Pear

2,66

2,00

101,3

75,1

Tangerine

2,01

1,43

104,5

71,0

Orange

2,44

1,75

98,0

71,8

Melon

2,65

1,65

109,4

62,1

Source: The Azerbaijani State Statistics Committee

Subscribe to Trend in Google News! Subscribe
Azerbaijan reduces electricity exports to Georgia
Azerbaijan reduces electricity exports to Georgia
Georgia's motor oil imports drop, one of possible reasons made public
Georgia's motor oil imports drop, one of possible reasons made public
Georgia continues path to sustainable growth – World Bank
Georgia continues path to sustainable growth – World Bank
Loading Bars
Latest
Turkmen plant produces significant volume of urea fertilizer
Azerbaijan, Ukraine discuss prospects for transport cooperation
Azerbaijani servicemen take part in parachute training in Turkey (PHOTO)
Germany surpasses 100,000 daily COVID-19 cases for first time
Azerbaijani citizens allowed to visit liberated Aghdam, Shusha once a year - ministry
Iran reveals COVID-19 data for January 19
Azerbaijani MFA issues statement on occasion of January 20 - National Mourning Day
IRICA shares data on import of COVID-19 vaccine to Iran
Uzbekistan Airways to conduct regular flights to Russia's Ufa
Turkmen state concern increases natural gas production in 2021
Indian Vijay Mallya can be evicted from London home over unpaid loan, UK court orders
Iran sees increase in passenger transportation via railways
Russia documents 33,899 daily COVID-19 cases, highest number since November 27
Salaries of employees of presidium, office of Azerbaijan National Academy of Sciences up
Turkmenistan increases volume of loans issued to economic entities
Azerbaijan reduces electricity exports to Georgia
Azerbaijan's ANAMA creates new operational groups
Azerbaijan hands over several prisoners to Iran
Chamber of Commerce talks steps Iran could take to boost trade turnover with Russia
Investigation will show whether Nazarbayev was involved in unrests in Kazakhstan - MFA
Kazakhstan's Minister of Defense appointed
Veyseloglu Group of Companies presented its retail index for 2021
Ethylene output up in Azerbaijan
Georgia's motor oil imports drop, one of possible reasons made public
Revenues from compulsory state social insurance grows in Azerbaijan - minister
Azerbaijan blocks betting payment method in bookmakers using bank cards
Georgia continues path to sustainable growth – World Bank
Azerbaijan boosts gasoline, diesel production
Azerbaijan records growth in nominal GDP
Azerbaijan increases salaries of employees of some organizations financed from state budget
Georgia retains its macroeconomic stability – minister
Iran to improve economic ties with neighboring countries - official
UK inflation rises to highest in nearly 30 years
New minister of health appointed in Azerbaijan
State Oil Fund of Azerbaijan reveals distribution of investment portfolio
Value of Turkmenistan’s imports from Azerbaijan rise for November 2021
Revenues of mobile communications sector in Azerbaijan climb for 2021
Azerbaijan sees increase in output of solar power plants
Average broadband internet speeds increase in Azerbaijan
Azerbaijani Customs Committee boosts transfers to state budget in 2021
Kazakhstan shares data on gasoline production and import
Iran’s CBI unveils amount of loans issued for industrial, mining sectors
Turkmenistan’s Parahat enterprise shares export data on fruit concentrates
Azerbaijan to prevent distribution and use of fake Green Card insurance certificates
Azerbaijan's section of TRACECA sees growth in cargo traffic for 11M2021
Azerbaijan plans to develop roadmap on use of financial technologies
Azerbaijan's tax revenues from private sector up in 2021
SOCAR Capital talks on demand for bonds
SOCAR Capital discloses income from bonds
Fluxys takes steps for efficient transport of hydrogen, CO2
EBRD raises GDP forecast for Turkmenistan
Georgia publishes COVID-19 data for January 19
Azerbaijani oil prices increase
TAP contributes to increase in gas flows from Turkey to Greece
Azerbaijan reveals growth rates of non-oil GDP for 2021
Azerbaijan, Turkey launch integration of Green Card insurance system
Georgia sees notable recovery in number of international visitors – Galt & Taggart
India saved many lives by supplying essential medicines, vaccines during COVID-19 pandemic: PM Modi
Bulgarian, N. Macedonian gas operators outline directions of co-op
Canadian Ripudaman Malik, once named in Kanishka bombing case, praises PM for Sikh community initiatives
Iran's Energy Exchange announces products to be on sale on January 19
Azerbaijan's records increase in trade surplus in 11M2021
Turkmenistan has strong potential to substitute imports – EBRD
Real estate of Azerbaijani Zaminbank to be put up for auction
Iranian currency rates for January 19
Iranian president expects visit to Russia to be turning point in relations between two countries
Kazakhstan intends to ban export of grain forage
Kazakhstan’s Aktau Int’l Sea Trade Port opens tender to buy natural gas
Uzbekistan shares domestic COVID-19 data for January 18
Kazakhstan eyes increasing cropping area in 2022
TAP turning Italy into gas exporter
Azerbaijani currency rates for January 19
Azerbaijan's Central Bank holds foreign currency auction
Kazakhstan to increase concessional lending to farmers
Oil rises to 7-year high as Turkey outage adds to tight supply outlook
Iran issues new rule for importing goods from Brazil
WoodMac says new gas swap to help Azerbaijan avoid domestic gas shortages
Turkmenistan makes significant efforts in resilience to climate change - FAO
On track to achieve $650-billion exports target in FY22: Piyush Goyal
Almaty airport began to operate normally
India's Growth In Next 25 Years Will Be Clean, Green, Sustainable And Reliable: Modi
5 Dead, 25 Rescued In Retirement Home Fire In Spain
India's Modi urges collective global effort to deal with cryptocurrencies
Venezuelan migrant girl dies crossing river between Mexico and US
India’s economic reforms and welfare programs empowering the poor
At least 6 killed in suicide bombing in Somalia
INS Vikrant Sails Closer To Joining The Fleet
Row house explosion in New York City leaves one dead, eight injured
Turkey's Botas halts flow after explosion at Kirkuk-Ceyhan oil pipeline
Oyo Hotels targets $9-billion valuation in IPO; may get Sebi nod soon
British PM Johnson denies lying about lockdown party
Silvio Berlusconi Is Considering Dropping His Bid to Be Italy’s President
5 injured as passenger train derails after being hit by explosion in SW Pakistan
US telecom companies pause some new 5G after airlines raise alarm
N.Korea tested tactical guided missiles in fresh sign of evolving arsenal
Azerbaijani MFA comments on statement of French Minister in National Assembly of France
Goranboy regional prosecutor's office launches investigation into resident hitting mine
Resident of Azerbaijani Goranboy region hits mine
Erdogan receives Serbia's Vucic to discuss ties, Balkans
Persons aligned to illegal armed formations abroad held accountable in Azerbaijan
All news