According to analysts of the Institute of International Finance (IIF), Azerbaijan will continue economic growth, despite lower prices for raw materials and low growth rates in Russia and China, which significantly affects the regional economy, the IIF report on Caucasus and Central Asia says. According to the report, Azerbaijan is on course to expand its…
The value of goods and services produced in Baku reached 19.9 billion manats in January-June, up by 0.7% YoY, the Statistics Office reported. “Some 81.3% of industrial production accounted for the mining industry, 16.7% – the processing industry, 1.5% – electricity generation, and 0.5% – waste cleaning and recycling sector,” the report says. The share…
Ukraine-Russia trade turnover dropped almost threefold since 2014 and totaled $6.9 billion for the first half of 2019. The list of top-10 trading partners of the Russian Federation has undergone only one change over the past five years as Ukraine fell out of it. Kazakhstan took Ukraine’s place with $8.9 billion in trade turnover with…
In June foreign trade turnover of Latvia amounted to EUR 2.19 billion at current prices, down by 10.3% YoY, of which exports value of goods fell by 8.2% and imports value of goods by 11.9%. Latvia exported goods in the amount of EUR 982.9 billion and imported in the amount of EUR 1.21 billion, according…
Prices for consumer goods and services in Azerbaijan increased by 2.7% YoY in January-July, the State Statistical Committee reported. According to the report, prices grew by 3.1% for food, drinks and tobacco products, by 1.3% for non-food products, and by 3% for paid services to the population. Prices for consumer goods and services increased by…
According to information released by Statistics Estonia, the exports and imports of goods in June decreased by 8% YoY. In the first half of 2019 exports increased by 5% and imports by 2%. In June exports from Estonia amounted to EUR 1.2 billion and imports to Estonia to EUR 1.3 billion at current prices. The…
A total of EUR 707.5 million in tax revenues was paid to the Tax and Customs Board (MTA) in June, up by 7.5% YoY. Tax receipts in the first half of 2019 increased by 4.9% YoY, the Ministry of Finance said. VAT revenues increased by 7.2% in June. Retail trade contributed the most to this…