Azerbaijan Food Security and Agriculture Highlights, October-December 2012

Key messages

•Cereal production reached an exceptionally high level of 2.8 million tonnes in 2012, due to favourable weather conditions and government incentives, which represented an increase of 14% compared to 2011.

•Food prices increased by 1.4% between September and December 2012. The price of bread and potato increased but remained below last year’s levels.

•The prevalence of poverty continued to decrease in 2012 (6.0%) and reached a minimum in the decade.

•Cereal imports in 2012 were 16% higher in volume than in 2011.