Industrial production, which observed decline in 6 months - List

Over Jan-Jun 2024, commercial oil production in the mining sector dropped by 4.9%, while commercial gas production increased by 5.3%.

In June, consumer price index in Azerbaijan increased by 1.1%

The consumer price index in Azerbaijan in June 2024 made up 101.1% compared with June 2023.

GDP production in Azerbaijan grew by 4.3% for Jan-Jun

Azerbaijan produced GDP for 59.5 billion manats for Jan-Jun 2024 (4.3% more versus Jan-Jun 2023)

AzerGold has raised 1.3 bn manats from gold and silver sale for 8 years

Over the past 8 years, AzerGold CJSC has managed to take the leading position among state exporting entities in the non-oil/gas sector.

Total foreign debt of Georgia reaches $24.5 billion

In the 1st quarter of the current year, Georgia's total foreign debt amounted to $24.5 billion, which is equal to 78.7 percent of the gross domestic product (GDP).

More profitable for China to manufacture goods for Europe in Azerbaijan

It will be more profitable for China to produce goods to be exported to Europe in Azerbaijan – Alat Free Economic Zone (AFEZ).

Azerbaijan's national standards to be applied in Belarus

Azerbaijan's national standards will be applied in Belarus.

AzerGold begins to perform its powers under Production Sharing Agreement

German industrial production fell sharply

Industrial production in Germany declined for May.

Production of copper wire in Azerbaijan has grown 2.6-fold

Azerbaiajn produced 169.9 tons of copper wire for Jan-May 2024.

Ecology Ministry’s these powers transferred to AzerGold

What happens in Uzbekistan? - Annual inflation surprises

Although deflation in Uzbekistan was 0.2%, annual inflation rose to 10.6%, ABC.AZ reports with reference to the National Statistical Agency of Uzbekistan.

How did economic growth occurred in Turkic states?

The Turkic Economic Review for the 1st quarter of 2024 has been published.

Economic growth of Turkic states averaged 4.9%

Competition Code enters into force

UK’s GDP grew by 0.7% for Q1

The UK economy grew by 0.7% in the 1st quarter of 2024 compared with the previous 3 months.

Double taxation between Azerbaijan and Kyrgyzstan abolished

Minister: The best conditions for doing business created for entrepreneurs

Currently, very good conditions are being created in Azerbaijan for entrepreneurs to do business.

Economy Minister: Concessions are applied for entrepreneurs in liberated lands

The Aghdam Industrial Park is the second-largest industrial park in Azerbaijan, after the Sumgayit Chemical Industrial Park, based on the number of residents.

Various producers begin operating in Aghdam Industrial Park soon

In the near future, various production enterprises will start operating in the Aghdam Industrial Park.

List of the best–selling smartphones in 1st quarter of 2024

The best-selling smartphones in the first quarter of 2024 have been announced.