Economics

Russia's federal agency for technical regulation, Rosstandart, has approved a new interstate standard for ceramic sanitary products, including toilets, bidets, and sinks.**

Recent data released by the State Statistical Committee (SSC) reveals a persistent rise in the cost of living across Azerbaijan during the first four months of 2026. According to the official report, the consumer price index increased by 5.6% compared to the same period in 2025. This inflationary pressure is most acutely felt in the food sector, where prices for groceries, alcoholic beverages, and tobacco products climbed by 6.7%.

Official unemployment in Nakhchivan surged by 50% in the past year. Explore the latest 2025 labor statistics from the NAR, expert insights on data transparency, and how recent political shifts after Vasif Talibov have impacted Azerbaijan's job market.

The Baku Metro will now include 'BakuBus' and taxi services. This change comes after President Ilham Aliyev signed a decree on May 7.

Explore the shift in Azerbaijan's Wealth Fund (SOFAZ). With oil revenues at a 15-year low and delayed dividends, the fund pivots to a $23B gold portfolio. Analysis of production declines, real estate stagnation, and the future of the Caspian economy.

Discover how Europe's gas cut-off (2028) makes Azerbaijan a key energy partner and fuels BP’s $2.9B Shah Deniz expansion. Analyze the geopolitical risks.

Georgian prosecutors link the 2023 bridge collapse built by Azerbaijan's Akkord to massive corruption and fraud. Former official Levan Kupatashvili is arrested over faked work certificates and $5.8M state loss. Get the details on the Samtredi-Grigoleti scandal.

Historic: The first 1,000-ton shipment of Kazakh wheat reached Armenia via Azerbaijan after cargo transit restrictions were lifted, a major step enabled by recent peace agreements and Washington accords. This boosts regional cooperation.