Alternative inflation rate in Azerbaijan announced

Alternative inflation rate in Azerbaijan announced Center for Economic and Social Development (CESD) concluded its macro-economic survey results for the first half of 2019. The center has conducted a price calculation survey in 50 districts of Azerbaijan, as well as in Baku, the capital city of the country. CESD uses the same basket and methodology which is officially applied by the State Statistics Committee of Azerbaijan. According to the CESD’s... Read More

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

Azerbaijan Economy in the First Seven Months of 2016; Brief Overview CESD- Center for Economic and Social Development concluded its macro-economic survey results for the first seven 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 3.0 % in the first seven months in 2016 since CESD calculations found out 3.7 % decline... Read More

CESD’s independent inflation rate was announced

CESD’s independent inflation rate was announced CESD- Center for Economic and Social Development concluded its macro-economic survey results including price collection for the April in 2016. According to the CESD price collection survey which covers the capital city and selected districts in rural Azerbaijan, annual inflation was 15.3 % in April 2016. Monthly inflation in April was 1.1 % compared to the previous month. Meanwhile, the State Statistics... Read More