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

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

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 Rate in January: Government Reports 0,6 %, CESD Survey Concluded 1,4 %

Inflation Rate in January: Government Reports 0,6 %, CESD Survey Concluded 1,4 % Inflation rate was 0,6 % in Azerbaijan in January, 2013- reported State Statistic Committee. The committee reported that prices of non-food products increased by 0.1%, prices and service tariffs of consumer goods increased by 1.2 % in January, 2013 compared to previous month. The committee added that price for services for air passenger transport on international flights... Read More