In recent weeks, Azerbaijan has seen a rise in prices, particularly for food and some non-food items.
Economist Vugar Orudj told BAKU.WS that the increase is linked not only to domestic factors but also to external pressures. With much of the country’s food imported, higher logistics and energy costs are quickly passed on to consumers.
“We are also seeing growth in wholesale prices, which indicates certain monopolistic tendencies in the domestic market,” Orudj noted.
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Seasonal and Global Influences
Price fluctuations are also tied to seasonal cycles and global inflation. Fruits and vegetables typically rise in price outside their growing season, then stabilize once supply increases.
Products Most Affected
Vegetable oils
Bananas
Out-of-season fruits and vegetables
Carrots
Garlic
Chocolate
Despite these increases, Orudj cautioned against exaggerating the trend. He stressed that the current wave of price hikes is not “fantastic” in scale, and that the sharpest increases traditionally occur in December–January.
