Economy

AZE.US A growing controversy around Azerbaijan’s electronic wallet m10, operated by PashaPay and backed by Kapital Bank, is raising broader questions about financial security, regulatory oversight, and systemic risk in the country’s rapidly expanding fintech sector. Users have reported unexplained incoming transfers and temporary restrictions on account operations, while official information about the scale of … Read more

AZE.US Azerbaijan is increasing exports of several agricultural products, yet domestic food prices remain elevated, highlighting a persistent imbalance between external demand and local affordability. Economist Rashad Hasanov says producers tend to prioritize higher-margin foreign markets, which can limit supply inside the country and keep retail prices from falling even during periods of strong harvests. … Read more

AZE.US Silver prices in Azerbaijan have risen sharply over the past year, outpacing gains in gold and drawing increased attention from retail buyers and small-scale investors. Market sellers report that the retail price of silver has climbed from roughly 4-5 manats per gram a year ago to about 13-15 manats today. Purchase prices for scrap … Read more

AZE.US Discussion over a potential increase in water tariffs in Azerbaijan is drawing attention beyond коммунальные расходы, touching on wider questions of economic governance, pricing policy, and the financial sustainability of state utilities. The proposed adjustment, reportedly affecting both households and commercial users and framed around differentiated тарифы, follows a series of earlier price movements. … Read more

AZE.US Azerbaijan’s automobile import market is undergoing a rapid reorientation, with demand moving away from Chinese vehicles toward cars purchased at U.S. auctions. The shift follows the cancellation of preferential conditions that had previously supported imports from China, according to market participants. Industry specialists report that prices for vehicles acquired through American auctions have risen … Read more

AZE.US The concept of “natural village products” is becoming increasingly difficult to verify in Azerbaijan as declining small-scale farming, weak certification mechanisms and growing consumer skepticism reshape the food market. Vendors from regional districts say genuine farm produce is reaching urban markets in smaller volumes. Limited pasture access, rising livestock maintenance costs and shrinking rural … Read more

AZE.US Shoppers report rising prices for everyday dairy staples like milk, cheese and yogurt. Vendors see stable pricing. Economists point to long-term inflationary trends, higher input costs and global market pressures shaping price dynamics. Consumers in Azerbaijan’s markets say they are paying more for basic dairy products than a few months ago, with milk, cheese, … Read more

AZE.US Azerbaijan imported 129,933 tonnes of wheat in January, worth $28.87 million, marking a 50% increase in volume and a 54.4% rise in value compared with the same period last year, according to data cited by economist Natig Jafarli. The figures highlight the country’s continued reliance on imported food staples despite long-standing policy emphasis on … Read more

AZE.US Rental prices in Azerbaijan’s capital continue to climb amid strong demand and limited housing supply, making affordable accommodation increasingly difficult to secure for students and young families. Current monthly rents across Baku range roughly from 250 to 1,400 manats, with higher prices concentrated in central districts where infrastructure, commercial activity, and population density remain … Read more