MARKET SITUATION. DEMAND AND PRICES

Consumer market

In September 2006 a rise of the retail goods turnover got restored amid continuing rise of the community services and was 19.4%. In January to September the amount of retail goods turnover comprised 4118.8mln manats, or 12.6% up as compared to last year. The commercial services delivered to population comprised 977.4mln manats, or 40.1% up as compared to last year.

Non-momentary factors made a considerable impact on inflation (66.9%). The share of administratively regulated prices made up in this period was 24.3%, which is linked with a rise in diesel prices (2 times), kerosene -1.3 times, sugar (34.3%). The impact of seasonal factors was on the level of -30.4%, which cased 4.5%-falls in prices in summer season. It cut 8-month inflation by 30.4%, whereas in winter season the prices dropped 1.5%, and caused 10.2% rise in 6-month inflation.

Non-momentary factors made a considerable impact on inflation (60.9%). The share of administratively regulated prices made up in this period was 20.6%, which is linked with a rise in diesel prices (2 times), kerosene -1.3 times, sugar (34.6%). The impact of seasonal factors was on the level of -22.3%, which cased 3.6%-falls in prices in summer season. Under influence of winter season the prices rose 2.5%, and caused 15.5% rise.

Prices

Over the first 9 months inflation ratio rose inconsiderably 7.3% against 11% last year.

Consumer price rose 10.3% as compared to 2006.

Inconsiderable rise in growth pace of inflation was caused by rise of growth pace of prices on all major category of goods and services. In August non-foodstuff prices grew 8.9%. Rise in prices for non-food goods was inconsiderable than the rise of prices of foods products. Rise in prices was 10.3% as compared to January to September 2005

Rise in the prices of non-food products was inconsiderable than the prices of food products. Thus, in August the prices of non-food goods rose 3.1%. Rise in prices in the period from January to September was 3.8% as compared to last year.

As compared to August 2006 in September index of industrial goods product rose 0.5%. Rise over 9 months made up 18.1% as compared to last year and 16.7% as compared to August 2005. In this period prices in oil and gas products rose 14.2% and in September 11.3%.

Wholesale prices in oil refinery grew 23.9%, and 26.9 in September as compared to 2005. In refinery of chemical products drop was 0.4%, while in September it rose 10.8%. Rise in metallurgy made up 10.4% and 11.7% respectively. In energy sector the prices remained unchanged and comprised 99.9%.

Iran says plan to exit NPT not contradictory with IAEA-related issues
Iran says plan to exit NPT not contradictory with IAEA-related issues
Gov't spokesman warns against quick decisions on Iran's nuclear program
Gov't spokesman warns against quick decisions on Iran's nuclear program
Activities of Iran's Arak nuclear reactor to restore soon
Activities of Iran's Arak nuclear reactor to restore soon
Loading Bars
Latest
UK records another 15,539 coronavirus cases with 397 deaths
Violence erupts during Paris protest against police brutality
Remittance inflows from Azerbaijan to Georgia up
Iranian Energy Exchange announces products to be on sale on December 6
Azerbaijani, Russian FMs discuss 10 November statement for ceasefire in Karabakh
Children's becoming victims of war crimes is unacceptable - UNICEF
French photographer talks trip to Azerbaijani Kalbajar liberated from Armenian occupation (PHOTO/VIDEO)
Plan & Budget Organization reveals volume of oil to be sold by Iran next year
Armenian opposition demand Pashinyan's resignation before December 8
Kyrgyzstan allows entry of foreigners and stateless persons
Rouhani calls for broadening Iran-Thailand ties
US gov’t donates 26,000 PCR testing kits to Georgia
Effectiveness of Turkish-made weapons was proven during Karabakh hostilities - Turkish Defense Minister
5.3-magnitude quake hits 49 km SW of Gazipasa, Turkey
PM Johnson and EU chief seek to break Brexit impasse
Azerbaijan teaches a lesson how Nations are built to fight against enemies
U.S. sets record of 227,885 COVID-19 cases in one day: Johns Hopkins University
Azerbaijan names day of holding military parade on victory in Patriotic War (PHOTO/VIDEO)
Today flags with star and crescent embellishing Karabakh sky - Turkey's president
Bahar Azadi gold coin price continues to fall
BTK railway project plays important role for logistics dev't in Georgia
Uzbekneftegaz to buy casing pipes via tender
Demand for Turkish steel on Iran's construction market down
Azerbaijan extends COVID-19-related quarantine in some cities, districts
Azerbaijan confirms 4,323 new COVID-19 cases, 2,180 recoveries
Largest volume of metallurgical products falls on Uzbekistan’s Navoi region
Death toll from COVID-19 pandemic in Iran exceeds 50,000
Value of Iranian mining companies increases
Iran talks expenses on construction in Kohgiluyeh & Boyer-Ahmad Province
Preacher appointed to Khudavang monastery in Azerbaijan's Kalbajar
Azerbaijan presents first locally manufactured high-tech prostheses (PHOTO)
Azerenergy issues time framing to restore power plants in liberated Sugovushan (VIDEO)
Georgia reports new record-high 5,450 coronavirus cases
Russia, Kazakhstan reach agreements on anti-COVID vaccine production
Volume of trade turnover in Turkmenistan increases
Uzbekistan reveals its COVID-19 data for December 5
Armenians destroyed all historical, religious items in churches of Azerbaijan - Albano-Udi Orthodox community
Albanian-Udi Christian Community returns to Khudavang monastery in Kalbajar (VIDEO)
Oil market still to see some bumpy months
Indicators of Turkmenistan’s construction, industrial sector increase
Azerbaijani oil prices continue to rise
Azerbaijan reduces imports of Turkish-made carpets
Iran announces date for launch of Ardabil-Mianeh railway
Azerbaijan gives martyr status to civilians killed due to Armenia's attacks on peaceful cities
Azerbaijani Bar Association appeals to int'l organizations regarding Armenian aggression
UK Maritime Trade Operations says aware of attack on vessel off Yemen coast
Number of enterprises put into operation in Iran's Kermanshah Province soars
Special offer for volunteers!
Iran discloses details of exports from Fars Province
Baku - leading capital of CIS in terms of economic activity index - Gazprombank
Data of Turkmen transport, communication sector revealed
Azerbaijani banking sector's overall profit drops
Turkmenistan exceeds plan for oil and gas condensate production
Iranian currency rates for December 5
Loan portfolio of trade, services sector in Azerbaijan grows
Кazakhstan Electricity Grid Operating Company opens tender for vehicle maintenance
Foreign investment in Iran increases
GDP growth observed in Turkmenistan
LNG share in Turkey’s natural gas imports reaches 43% in H1 this year
U.S. not extending TikTok divestiture deadline, but talks will continue
ADB allocates $2.5 mln to support Georgia amid pandemic
Italy's retail sales climb higher in October, pushed by demand for electronic equipment
4 regions in coronavirus red zone in Kazakhstan
Iran's UNESCO envoy urges condemnation of assassination of Iranian scientist
France's daily COVID-19 infections continue to fall
Embassy of Japan in Georgia reveals volume of trade turnover between two countries
Arab League welcomes Kuwait's efforts to "heal Arab rifts"
World Bank grants Morocco 400-mln-USD loan
Azerbaijan slows down imports of Turkish-made leather goods
Additional costs could add up to 2.8 billion dollars, Tokyo 2020 says
Trump to withdraw most troops from Somalia as part of global pullback
UK, EU call in leaders to save trade talks
Palestinian teen killed by Israeli forces in protest
Azerbaijan discloses volume of liabilities in banking sector
Heydar Aliyev Center, Flame Towers and Baku Olympic Stadium illuminated with Azerbaijani flag (PHOTO)
NY Times publishes article on the fate of Ciraqli village during Karabakh conflict
South Africa's second largest crude refinery shutdown after blast
1st China-bound freight train departs on 12-day journey from Istanbul
Chip shortages could slow automotive production, VW and suppliers say
Russia, India kick off joint naval drills in Indian Ocean
NCDC to study COVID-19 reinfection cases
Turkey reports over 32,736 new COVID-19 cases
Azerbaijan unveils funds value received by Armed Forces Relief Fund as of December 1
Kazakhstan, Russia agree on measure to restore ecosystem of transboundary rivers
Iran reveals its COVID-19 data for December 4
Kazakhstan's coal extracting venture to buy spares via tender
French activists protest against Amazon's expansion
Azerbaijani, Bulgarian FMs discuss bilateral cooperation
Azerbaijani public reveres memory of martyrs of Karabakh conflict (PHOTO)
Electricity Market Concept Design defines gradual retail market opening in Georgia
Import of rice by Azerbaijan up
Baku Metro opens tender to buy tire connections
French parliament loses ability to be serious partner – Turkish Grand National Assembly
Investments in Georgian Poti Free Industrial Zone diversified by regional countries
Iran's next years budget unlikely to improve economy - Head of Parliament Plan and Budget Commission
Azerbaijan raises value of imports from Lithuania in 10M2020
Big foreign IT companies entering Georgia's market
Azerbaijan's Compulsory Insurance Bureau compensating bankrupted insurer's creditors
Georgia sees increase in tangerines export
Azerbaijan shows video footage from Yanshag village of Kalbajar district (VIDEO)
All news