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Thursday May 22 2025

Industrial prices fall in Azerbaijan, but cost pressures mount in non-oil sectors

22 May 2025 17:47 (UTC+04:00)
Industrial prices fall in Azerbaijan, but cost pressures mount in non-oil sectors
Akbar Novruz
Akbar Novruz
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During the first four months of 2025, Azerbaijan saw a decline in its overall producer price index (PPI) for industrial products, driven mainly by a drop in oil and gas prices. However, cost increases in the processing and non-oil sectors continue to accelerate, indicating growing inflationary pressures across the broader economy, Azernews reports. According to the State Statistical Committee, the general industrial PPI stood at...

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