Annual inflation rate in UK rose to 10.1% in September

Consumer prices in the UK jumped 10.1% year-on-year in September.

GDP production in Azerbaijan increased

Over Jan-Sept 2022, enterprises, organizations and individual entrepreneurs of Azerbaijan produced GDP in the amount of AZN 98.1 bn, or 5.6% more versus Jan-Sept 2021.

Inflation is expected to slow down in U.S.

Inflation, which has caused sharp fluctuations in many markets in recent months, is expected to slow down in the U.S.

Attention in global markets is focused on U.S.

Attention in the global markets is focused on information about inflation in the U.S.

Industrial production in eurozone has grown

The industrial production in the eurozone in August 2022 increased by 2.5% year-on-year, and for the month - by 1.5%.

IMF predicts a 35% drop in Ukraine's GDP in 2022

The International Monetary Fund (IMF) predicts a 35% decline in Ukraine's GDP by the end of 2022, but decided to refrain from assessing the longer-term outlook due to "an unusually high degree of uncertainty"

Ukraine’s state debt exceeds $98 bn

The state debt of Ukraine in August increased by 1.28% (or $1.24 bn) up to $98.03 bn, ABC.AZ reports with reference to the Ministry of Finance.</p>

Names of Nobel laureates in economics published

The winners of the 2022 Nobel Prize in Economics have become known.

Gold search starts in Kelbajar

The Ministry of Ecology & Natural Resources and AzerGold CJSC have been entrusted with geological prospecting at promising deposits of precious and non-ferrous metals in the central and southern parts of the Minor Caucasus of the Eastern Zangezur and Karabakh economic regions.

EBRD President: Our biggest problem is energy crisis

Our big concern is the energy crisis, ABC.AZ reports, quoting EBRD president Odile Renaud-Basso.

Inflation in Argentina may exceed 100%

Inflation in Argentina may reach 100.3% by the end of the year.

Bloomberg: Europe to encounter serious crisis

The U.S. will be able to avoid serious economic downturn, while Europe will face absolute recession

WB improves forecast on Azerbaijan

Azerbaijan&#39;s GDP will grow by 4.2% in 2022.

Institutes of Azerbaijan and Turkey sign Memo of Understanding

Share of private sector in capital's industry made up 93.3%

For the past 8 months of 2022, the volume of goods produced and services rendered in the capital&#39;s industry amounted to AZN 68.1 bn.

Inflation in Turkey has reached highest level in last 24 years

The annual inflation in Turkey was less than expected, but still reached a new high in 24 years in September.

Moscow to host 2nd Caspian Economic Forum

The 2nd Caspian Economic Forum will be held in Moscow on October 5-6.

WB sounds alarm – World has faced crisis

The weakening of the euro and high inflation increase the likelihood of recession in Europe

EBRD: Russian economy to decline next year

2 residents start work in Pirallakhi Industrial Park

There are 5 residents registered in Pirallakhi Industrial Park, and two of them have already started their activities.

EBRD raises growth forecast for Turkey

The EBRD has raised Turkey&#39;s growth forecast for 2022 from 2% to 4.5%.