Population Income Rises by More Than 10% in Azerbaijan

Baku: In January-May of this year, the nominal income of Azerbaijan’s population reached AZN 37 billion 699.8 million, APA-Economics reports, citing the State Statistical Committee.

According to Azeri-Press News Agency, this figure is 10.2% higher c…

Average Monthly Salary in Azerbaijan Rises by Nearly 7%

Baku: In the first four months of this year, the average monthly nominal salary of employees in Azerbaijan was recorded at AZN 1,172.1.

According to Azeri-Press News Agency, this represents a 6.5% increase compared to the same period in the previou…

Gold Prices See Significant Drop to $4,118 on COMEX

New york: The price of one troy ounce of gold decreased by $14.5 to $4,118.8 on the COMEX (Commodity Exchange, Inc.) in New York. Silver prices also experienced a decline, with a decrease of $0.46, bringing the price down to $64.28 per ounce.

Accord…

Azeri Light Crude Oil Price Rises to $96.36 per Barrel

Baku: The price of Azeri Light crude oil increased by $1.09, or 1.14 percent, to settle at $96.36 per barrel on Thursday.

According to Azerbaijan State News Agency, the all-time low for Azeri Light was $15.81 per barrel on April 21, 2020, while the…