Azerbaijan Economy in the first quarter of 2017; Brief Overview

Azerbaijan Economy in the first quarter of 2017; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first quarter of 2017. Both independent and official reports show that GDP decreased in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased by 0.9 % in the first quarter of 2017 compared with the period of 2016 since CESD calculations found out... Read More

Azerbaijan Economy in the First Eight Months of 2016; Brief Overview

Azerbaijan Economy in the First Eight Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first eight months in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.1 % in the first eight months in 2016 since CESD calculations found out 3.9 % decline... Read More

Azerbaijan Economy in the First Quarter in 2016; Brief Overview

Azerbaijan Economy in the First Quarter in 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first quarter in 2016. Both independent and official reports show that GDP continued declining in the reporting period. According to the State Statistic Committee of Azerbaijan, GDP decreased 3.5 % in the first quarter in 2016 since CESD calculations found out 4.1 % decline in the economy. Download... Read More

Inflation comes in higher than expected

Inflation comes in higher than expected “The macroeconomic indicators are positive, and the trend will continue throughout the second half of this year,” Chairman of the Center for Economic and Social Development Vugar Bayramov told local press. “But, a look at specific sectors of the economy shows that there would be a price hike in the consumer market,” the experts said. It is expected that in August and September the prices... Read More