2025-10-14 02:26 |
Azerbaijan's retail trade turnover rose by 3.7% year-on-year, with alcohol and tobacco sales reaching $1.1 billion, accounting for 4.2% of total turnover.
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Azerbaijan’s retail sales of beverages and tobacco surged to about 1.3 billion manat in the first half of the year, marking a more than 20 percent increase from earlier months. This growth contributed to a nearly 30 billion manat total retail turnover, reflecting steady expansion across both food and non-food sectors. trend.az »
2025-07-12 18:29
Turkmenistan’s commodity exchange reports steady demand for petrochemical and textile products among international and local buyers during the week from March 30 through April 4.
Construction sector lending in Azerbaijan rose 21% year-over-year to 1.707 billion manat as of March, despite a slight monthly decline, according to the Central Bank.
The Balkan Province Administration has announced a tender for the modernization of heating boiler plants and construction works in Balkanabat and Turkmenbashi under the National Rural Programme.
In the first quarter of 2026, Azerbaijan continued its VAT refund program for property purchases. The initiative supports non-cash transactions for residential and non-residential real estate. Authorities report ongoing refunds to citizens under the scheme.
State budget revenues topped forecasts in the first quarter of 2026, reaching 9.599 billion manat — about 5% above expectations — while government spending remained close to planned levels, according to the Finance Ministry.
In February 2026, Azerbaijan saw growth in transfers outside the banking system via fast money transfer systems. The total volume of transfers increased compared to the previous year. However, the number of transactions showed a decrease over the same period.
As of March 1 this year, Azerbaijan's banks saw an increase in the business loan portfolio for the industrial sector. The Central Bank of Azerbaijan reported growth both month-on-month and year-on-year.