Economy

Fish Imported At 2 Manats Per Kilogram Sells For 35 In Baku

AZE.US Fish imported into Azerbaijan at declared prices as low as 2 manats per kilogram is reaching retail shelves in Baku at 30 to 35...

Azerbaijanis Spend More Than Half of Their Consumer Outlays on Food

AZE.US Retail trade in Azerbaijan totaled 15.9 billion manats in the first three months of 2026, marking a 3.7% increase from the same period last...

Hotels and Restaurants in Baku Empty Out as Tourist Flow Slows

AZE.US Baku’s hotels and restaurants are feeling the impact of a sharp slowdown in tourist arrivals, as fewer visitors from Iran and Arab countries travel...

Why Khrushchyovka Apartments Often Do Not Qualify for Mortgages in Azerbaijan

AZE.US Older Soviet-era apartment blocks are often left outside mortgage lending because of age, worn-out infrastructure, seismic concerns, and the limited remaining service life of...

Insurance In Azerbaijan To Rise 30% After At-Fault Crash

AZE.US Azerbaijan is overhauling its compulsory motor insurance system, with premiums set to rise by 30% for drivers who cause an accident, while motorists who...

Gold Prices in Azerbaijan Fall After Peaking Earlier This Year

AZE.US Gold prices in Azerbaijan have declined from their peak earlier this year, reflecting a broader correction in global markets after a period of rapid...

Why Azerbaijanis Build Flower Businesses in Ecuador, Not at Home

AZE.US Azerbaijan is becoming increasingly dependent on imported flowers even though it has the climate, land and market demand to grow more of them at...

Mortgage Access In Azerbaijan Stalls As Housing Prices Rise

AZE.US Mortgage accessibility in Azerbaijan is coming under growing pressure as housing prices continue to climb, leaving many families priced out even when they qualify...

Rising Construction Costs Are Giving Older Homes an Edge Over New Builds

AZE.US Rising construction costs in Azerbaijan are starting to shift the balance in the housing market, giving older homes a clearer advantage over new builds. Sellers...

Why Azerbaijani Vegetables Can Sell for Less in Russia Than at Home

AZE.US At first glance, the price gap looks illogical. Azerbaijani tomatoes, cucumbers and peppers are grown at home, yet they can end up selling more...

Why Banks Are Not Raising Deposit Rates in Azerbaijan

AZE.US Banks in Azerbaijan are keeping deposit rates relatively low even as borrowing costs remain high, deepening frustration among customers who see little reward for...

Azerbaijan Moves To Tighten Control Over Debtors’ Assets In Loan Cases

AZE.US Azerbaijan is preparing to expand the powers of court enforcement officers as the country updates debt collection procedures for the digital era. Under amendments discussed...

Land Prices in Central Baku Near 2 Million Manats, or About $1.18 Million, Per 100 Square Meters

AZE.US Land prices in central Baku have climbed to extraordinary levels, with 100 square meters in some of the city’s most expensive locations now priced...

Early Green Plums Hit 100 Manats Per Kilo in Baku Markets

AZE.US Early green plums have once again appeared in Baku markets at striking prices, with some vendors asking 90 to 100 manats per kilogram. Small packs...

Chinese Cars In Azerbaijan Get Cheaper As Demand Slows

AZE.US Chinese-made cars entered Azerbaijan’s auto market at a rapid pace, but sales have recently started to slow as interest weakens and prices begin to...

Power of Attorney Is No Safeguard: Which Homes Are Risky to Buy in Azerbaijan

AZE.US Documentation remains one of the most sensitive issues for homebuyers in Azerbaijan’s real estate market, especially when properties without a formal title extract are...

A Deceased Borrower’s Loan in Azerbaijan Passes Only With the Estate

AZE.US The issue of unpaid loans after a borrower’s death has sparked debate in Azerbaijan in recent days, especially on social media, where many users...

More Meat Is Being Imported Into Azerbaijan, But Prices Keep Rising

AZE.US Azerbaijan is importing more meat, but that has not brought relief for consumers. Prices in shops and butcher stalls are still climbing, while farmers...

What Awaits Azerbaijan’s Public Transport In The Coming Decade

AZE.US Azerbaijan’s public transport system could change more in the next 10 years than it has in much of the post-Soviet period. But the real...

Baku Downpours Expose Weak Spots in Chinese Electric Vehicles

AZE.US Heavy rain in Baku has again exposed a growing problem for electric vehicle owners, with flooded streets leaving a number of cars stranded and...

Rents In Azerbaijan Top 1,000 Manats As Home Prices Rise Faster Than Incomes

AZE.US Rent in Azerbaijan has crossed a new psychological threshold, underscoring the growing gap between housing costs and household incomes. According to the Central Bank of...

Scammers In Azerbaijan Are Posing As Azərpoçt, The State Postal Service

AZE.US Scammers in Azerbaijan are increasingly disguising themselves as Azərpoçt and private delivery companies in order to steal personal and financial information. The scheme usually begins...

Tires In Azerbaijan Have Jumped In Price, With Some Models Up By As Much As 25%

AZE.US Tire prices in Azerbaijan have moved sharply higher, with listings pointing to double-digit increases for some popular models and sizes. The rise is uneven...

Lost Your Job But Still Owe The Bank? When A Lender May Lower Your Monthly Payment

AZE.US Losing a job does not automatically release a borrower from loan obligations. But if a person’s financial situation worsens sharply, a bank may in...

Only 15-20% Of Real Estate In Azerbaijan Is Protected By Insurance

AZE.US Only about 15-20% of real estate in Azerbaijan is currently insured, according to a representative of the insurance sector, a figure that has drawn...

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