Saturday, October 19, 2019

Looking for economic term

State Statistics Committee: Inflation - 2.6%


Baku / 16.10.19 / Turan: For nine months of this year, consumer prices in Azerbaijan rose by 2.6% year on year, the State Statistics Committee (SSC) said.
During the reporting period, food products rose on average by 3.5%, non-food products - 1.3%, and paid services to the population - 2.4%.

Friday, October 4, 2019

Transparency...

Look at the comparison:

a) Baku / 09.10.19 / Turan: In September 2019, budget revenues from the State Customs Committee amounted to 376 million 759 thousand manat.
Compared to the same period last year, budget revenues increased by 47 million 349 thousand manat or 14.3%.

b) Baku / 10.03.19 / Turan: The SOCAR carbamide plant sold about 45 thousand tons of goods abroad in June-July this year. Moreover, the export cost of the fertilizer is 35% cheaper than domestic sales.
According to the State Customs Committee, from the sale of urea to Turkey (22 193 tons), Ukraine (993.6 tons), Romania (2825.8 tons), Bulgaria (10 166.62 tons) and Russia (8 752.5 tons) 7 million 189 thousand US dollars were received. The product was exported at a price of $ 159.99 / ton or 272 manat / ton. In July, the state-owned Aqrolizinq OJSC announced the conclusion of an agreement by SOCAR to supply 25 thousand tons of urea fertilizers at a price of 420 manat per ton, excluding transportation costs. Thus, the cost of urea for local agricultural needs is 148 manat 35% higher than its export value.