Economy 20:00 16/12/2013

Increase of fuel prices by Azerbaijani government boosted rise of food prices by 15-20%

“After Azerbaijani Tariff Council increased the prices of gasoline and oil products, an increase in prices of food is noticed in the markets and shops of Baku. Overall, price growth is mainly observed among agricultural products which are brought to the capital city from the regions of the republic,” Azerbaijani information portal Turan reports.

As it is stated in the article, the Azerbaijani State Statistics Committee presented their data and claimed that food prices in the country have already grown. According to their statistics, even before the rise of fuel prices, in November of 2013 the food prices have already increased by 1.4%. That price hike affected flour, rice, bread, pasta, beef, chicken, fish and meat products, milk and dairy products, eggs, butter, vegetable oil, pears, quince, pomegranates, potatoes, onions and garlic.

“Experts think that there will be an increase in prices in December. The reasons are considered to be the rise of gasoline prices and approaching New Year,” states Turan.

Note that Tariff Council of Azerbaijan starting from December 3 sharply increased the price of gasoline and diesel fuel by 27%-33% and the price of gas for enterprises became almost twice the former price. Earlier, in January of 2007 by the decision of Tariff Council of Azerbaijan the prices were again increased; the price of gasoline grew by 50%; price of electricity increased three times and the price of water became twice its former price. The fare of public transportation has increased by more than 30%.

Azerbaijani independent experts declared that the increase of fuel prices will generate growth in prices of food and other goods. On Sunday Azerbaijani opposition held a rally in Baku against rising prices. The protestants demanded the resignation of Azerbaijani government.



Source Panorama.am
Share |
Տեքստում սխալ կամ վրիպակ նկատելու դեպքում, ուղարկեք խմբագրին հաղորդագրություն` նշելով տվյալ սխալը, այնուհետև սեղմելով Ctrl-Enter:

Newsfeed

17:04
Filmmaker: Turkish-Azerbaijani-Armenian trio putting democracy on trial
Filmmaker and publicist Hovhannes Ishkhanyan has condemned the prosecution of opposition figure Edgar Ghazaryan, accusing the Armenian...
16:35
Avetik Chalabyan condemns 'disgraceful' prosecution of opposition figure
Public and political figure Avetik Chalabyan, coordinator of the HayaKve initiative, has denounced the "disgraceful"...
16:13
Snow to persist in parts of Armenia
Snow will persist in some parts of Armenia over the weekend, with blizzards and low visibility expected in the country’s mountainous...
15:35
Archbishop condemns activist Edgar Ghazaryan’s prosecution
Archbishop Bagrat Galstanyan, the leader of the Holy Struggle movement, has expressed full support for opposition figure Edgar Ghazaryan,...
15:06
Around 700 Armenian trucks stuck at Russia-Georgia border
Approximately 700 Armenian trucks are stuck in a long que at the Upper Lars checkpoint on the Russia-Georgia border, the Traffic Management...
14:35
Five lawyers to take on activist Edgar Ghazaryan's defense
The Five Human Rights Defenders Initiative will provide legal defense for public and political activist Edgar Ghazaryan, who is facing charges...
14:01
California governor requests nearly $40 billion in wildfire recovery funding
California Gov. Gavin Newsom requested nearly $40 billion in wildfire recovery aid in a letter to members of Congress on Friday, CNN...
13:36
Yerevan residents have rare chance to breathe clean air after heavy snow
The recent abundant snowfall in Yerevan has brought about a positive outcome. After years of breathing polluted air, the residents of the...
13:15
Armenian activist denies charges, demands accountability for prosecutors
Public and political activist Edgar Ghazaryan, former Armenian ambassador to Poland, has rejected the charges against him, demanding...
12:36
Ex-ombudsman slams charges against activist Edgar Ghazaryan
Former Human Rights Defender Arman Tatoyan has lambasted the prosecution of public and political activist Edgar Ghazaryan, calling it an...
12:06
Mkhitaryan among most valuable players aged 34 and older
The football portal Transfermarkt has updated its market valuations for players aged 34 and older, with former Armenian team captain...
11:35
Lawyer: Political activist Edgar Ghazaryan charged for critical remarks
Public and political activist Edgar Ghazaryan has been charged over his critical comments about judges, his lawyer Ruben Melikyan...
11:04
Another Azerbaijani journalist arrested
Baku’s Khatai District Court has remanded journalist Nurlan (Libre) Gahramanli to one month and 15 days in pre-trial detention....
17:06
Expert: Government undermines reputation of Armenian language
Political analyst Menua Soghomonyan, co-founder of the HayaKve initiative, accused Armenia’s current government of failing to prioritize...
16:30
WCC expresses solidarity with Armenian Patriarchate of Jerusalem facing unjust foreclosure
The World Council of Churches (WCC) on Thursday issued a statement expressing solidarity with the Armenian Patriarchate in Jerusalem in the...
16:03
Armenia sees sharp decline in tourist arrivals
The number of tourists visiting Armenia sharply declined in January this year. It appears that the millions of drams spent on the city’s...
15:35
George Aghjayan to serve as ANCA’s national chairman
The Armenian National Committee of America (ANCA) has announced that longtime Armenian American activist and grassroots leader George Aghjayan...
15:00
Baku orders suspension of BBC News Azerbaijani
The Azerbaijani government has ordered the suspension of BBC News' Azerbaijani operation in the capital city, Baku. The BBC said in a...
14:36
Lawyer: Appellate court sends Avinyan's lawsuit against Pastinfo back for retrial
The Civil Court of Appeals on Friday upheld Pastinfo’s appeal in a case involving Yerevan Mayor Tigran Avinyan and the Armenian National...
13:46
Woman attacked with axe in her home in Jerusalem's Armenian Quarter
A woman in her 50s was attacked in her home in the Armenian Quarter of Jerusalem's Old City, Magen David Adom announced on Wednesday...
13:25
MP: Azerbaijan using sham trials of Armenian prisoners as 'a deadly weapon' against Armenia
Opposition Pativ Unem faction MP Tigran Abrahamyan has reacted to a recent message from Ruben Vardanyan, an Armenian businessman and...
12:45
Americans, Russians reportedly discussed Ukraine war through Swiss side channel
U.S. and Russian participants have quietly met in Switzerland for unofficial discussions about the Ukraine war in recent months, including as...
12:30
MP urges OSCE to send monitoring mission to Baku to observe sham trials of Armenian prisoners
Lilit Galstyan, a member of the Armenian National Assembly who is part of the OSCE Parliamentary Assembly (PA) delegation, delivered a speech at...
12:06
Number of political prisoners growing in Azerbaijan
According to a report by one of Azerbaijan’s human rights organizations dated December 12, 2024, there were 331 political prisoners in the...
11:45
Chinese team finds new bat coronavirus
A Chinese team has found a new bat coronavirus that carries the risk of animal-to-human transmission because it uses the same human receptor as...
11:32
YSU shifts to online classes amid bad weather
Yerevan State University (YSU) today announced a shift to remote classes due to adverse weather conditions. The university classes typically...
11:10
Russian envoy slightly injured in traffic accident in Yerevan
Russian Ambassador to Armenia Sergey Kopyrkin’s motor vehicle on Thursday had a traffic accident due to heavy snowfall in Yerevan with the...
17:06
Gyumri to hold municipal elections on March 30
At a meeting on Thursday, the Central Electoral Commission (CEC) set March 30 as the date for early municipal elections in Gyumri,...
16:35
Analyst: US, Russia need to rebuild trust to resolve global issues
Panorama.am interviewed Sergei Melkonian, a historian, political analyst and research fellow at APRI Armenia, about the statements...
15:35
Hamas returns bodies of 4 Israeli hostages
Hamas on Thursday handed over the bodies of four Israeli hostages held in Gaza — the first time the group has released deceased captives...

Follow us and get updates!

Most popular articles

{"core.blocks.header.spell_message1":"Selected mistake: ","core.blocks.header.spell_message2":"Send a message about the mistake?"}