Month: April 2026

An event dedicated to Science Day has been held at the Central Scientific Library of the Azerbaijan National Academy of Sciences (ANAS), organized by the Youth Academy, AzerNEWS reports.

Georgia’s annual inflation rate stood at 4.3% in March, while consumer prices rose by 0.8% month-on-month, according to data released by the National Statistics Office (Geostat) on April 3. Prices for food and non-alcoholic beverages increased by 0.9% compared to February.

Annual inflation was primarily driven by rising prices in miscellaneous goods and services (9.8%), food and non-alcoholic beverages (7.5%), alcoholic beverages and tobacco (6.2%), and transport (4%). Furnishings, household equipment, and maintenance declined by 3.2%.

Within the food-related category, the sharpest annual price increases were recorded for fish (21.2%), fruit and grapes (13.4%), bread and cereals (9.6%), and meat (9.6%). Prices also rose for oils and fats (7.7%), sugar, jam, honey, chocolate and confectionery (5.3%), vegetables (4.9%), milk, cheese and eggs (4.5%), coffee, tea and cocoa (3.8%), and mineral water, soft drinks, fruit and vegetable juices (2.1%).

The data comes amid the Georgian Dream government’s stated efforts to address high prices on food, medications, and gas. A government commission tasked with addressing the issue is set to operate through April, while a temporary parliamentary group is reviewing the sector, summoning representatives of major retail chains, petroleum companies, and pharmaceutical firms. The State Security Service has also launched an investigation.

On a monthly basis, the largest price increases were observed in transport (2.9%), alcoholic beverages and tobacco (1.4%), and food and non-alcoholic beverages (0.9%). Prices for furnishings, household equipment, and maintenance fell by 0.9%.

Georgia’s annual inflation rate stood at 4.6% in February.

Also Read:

• 31/03/2026 – Georgia’s GDP Up by 8.8% in February 2026
• 30/03/2026 – Georgian Households to Pay 18-34% More for Electricity Starting in April
• 24/02/2026 – Economy of No Tomorrow: What Keeps Food Prices Up in Georgia

In March 2026, YouTube held a 28.69% share of Azerbaijan’s social media market across all platforms, according to Statcounter data cited by AzerNEWS.

On April 2, a signing ceremony was held at The Grand for a cooperation agreement between Sea Breeze and Raffle Group, together with Accor Group, for the development of the Swissôtel & Raffle Residences project at Sea Breeze. The agreement was signed by the founder and owner of Sea Breeze, Emin Agalarov, co-owner of Raffle Group, a premium real estate developer, Rafael Nuri, and the Vice President of Development at Accor Group, Philippe Bone, AzerNEWS reports.

International Boxing Tournament “Great Silk Road” has kicked off in Baku, AzerNEWS reports.

The Strait of Hormuz will be closed to the United States and Israel for a very long period, a representative of the Iranian armed forces, Abolfazl Shekarchi, has stated, AzerNEWS reports.

🇷🇺🇦🇲Tensions between Putin and Pashinyan highlight deeper shifts in Russia–Armenia ties and the evolving geopolitics of the South Caucasus. Economic links remain strong, but re-export dynamics are changing under external pressure.
#Russia #Armenia #SouthCaucasus #Geopolitics

— News.Az (@news_az) Apr 3, 2026

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In accordance with the military cooperation agreement signed between Azerbaijan and Türkiye, a ceremonial exchange of national flags has been held as part of preparations for the upcoming “Heydar Aliyev–2026” joint military exercises, set to take place in the Turkish city of Kars, AzerNEWS reports.