Economy

Aze.US Concerns over potential increases in chicken prices in Azerbaijan have emerged after Turkey raised poultry prices by about 15% ahead of Ramadan and announced a temporary halt to poultry exports. However, local experts say the Azerbaijani market is unlikely to face significant price pressure. Economist Khalid Karimli notes that 75–80% of domestic demand for … Read more

Aze,US Taxi drivers have received notifications about a potential fare increase of up to 10% amid rising fuel costs. While officials say the change does not apply to Baku, confusion remains among drivers and passengers. Notifications sent to drivers working with the Bolt platform have triggered widespread discussion on social media. The message stated that, … Read more

Aze,US Food costs in Azerbaijan continue to climb, with residents reporting noticeable price increases for basic goods, weaker purchasing power, and sharp jumps in certain items since the start of the year. The food price index has increased by 4.3% year-on-year, according to a report by the UN Food and Agriculture Organization. The global trend … Read more

Aze.US Azerbaijan’s State Tax Service has reminded taxpayers of their legal obligations in combating money laundering and terrorist financing, warning that violations may result in significant administrative fines. The State Tax Service under the Ministry of Economy continues awareness efforts aimed at improving taxpayers’ understanding of legal requirements related to anti-money laundering (AML) and counter-terrorist … Read more

Aze.US Plant-based milk alternatives are now two to three times more expensive than traditional dairy in Azerbaijan, with demand remaining limited due to high prices and import dependence. Plant-based milk alternatives priced at up to 10 manats (about $5.90) per liter are increasingly visible in major supermarkets across Azerbaijan.Coconut, almond, soy, and banana-based drinks cost … Read more

Aze.US The sharp increase in housing prices in Baku is driven not only by construction costs but also by taxes, land prices, credit rates, and falling real incomes. The rapid rise in apartment prices in Azerbaijan has become a major topic of public discussion.Most construction companies in Baku are currently implementing so-called “pilot projects,” demolishing … Read more

Aze.US Consumers in Azerbaijan are increasingly facing significant delays in receiving parcels ordered from abroad, with some shipments taking more than a month to arrive. Buyers say items that previously reached the country within days are now stuck in customs for weeks, while responses from delivery support services remain limited or unclear. In some cases, … Read more

Aze.US Ride-hailing users in Baku are increasingly facing canceled trips, even as many taxi drivers complain about declining demand and worsening working conditions. Drivers say one of the main reasons for cancellations is the economic imbalance of certain rides. Long pickup distances combined with relatively low fares can make trips financially unviable, prompting drivers to … Read more

Aze.US Shoppers in Baku are increasingly encountering oranges imported from Turkey and Iran, reflecting a widening gap between domestic supply and consumer demand. Vendors say imported fruit offers more consistent volume, appearance, and year-round availability, making it the primary source for retailers. Prices vary by size and quality, but dependence on foreign supply means local … Read more