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Food Prices Fell by 0.2% in June

Food Prices Fell by 0.2% in June
Markets Review 


2017 July 03 ( Monday )  14:43:49
Print version
Русский Azərbaycan

Baku / 03.07.17 / Turan: The price of a consumer basket of 30 main types of basic food products compiled by Turan Information Agency decreased by 0.2% on average in Baku in June.

The price went up for cheese (+ 9%), beef (+ 4.7%), mutton (+ 4.5%), and chicken (+ 4.2%).

The prices fell for cabbages (-112.5%), tomatoes (-40%), cucumbers (-37.5%), potatoes (-36.8%), apples (-29.2%), chicken (6%), granulated sugar (-7.6%), and salt (-6.6%).

In May, on average, prices fell by 3.9% after a stable situation in April.

The reduction in prices of vegetable products is associated with the seasonal nature, which is characterized by access of cheaper local agricultural products to the shelves and changes in the diet in favor of plant foods. There is also a factor of low purchasing power of the population and a decline in the standard of living as a result of the crisis.

Experts associate increase in the prices for meat with reduction of the areas of pastures, which have been used under cotton fields this year. There is a tendency of decrease in the number of livestock due to the lack of food.

The prices for vegetables will most probably remain low in July.

Foods3.07.2017.1.06.2017.Change
Beef11.010.50+ 0.50
Mutton11.5011.0+ 0.50
Chicken3.653.50+ 0.15
Chicken giblets2.703.20- 0.50
Sturgeon 35.035.00
Butter13.9013.900
Corn oil (1 liter)3.803.800
Margarine5.505.500
Eggs (10)1.201.200
Granulated sugar1.201.30- 0.10
Lump sugar1.801.800
Salt0.420.45- 0.03
Flour (Sort I)0.490.50- 0.01
Vermicelli0.900.900
Buckwheat2.602.600
Macaroni0.900.900
Rice3.03.00
Milk (1 liter)1.401.400
Sour cream (100 grams)0.600.600
Sour milk (1 liter)1.751.750
White cheese6.05.50+ 0.50
Local biscuits 2.102.100
Potatoes0.600.95- 0.35
Onions0.400.400
Cucumbers0.250.40- 0.15
Tomatoes0.901.50-0.60
Cabbages0.850.40+ 0.45
Apples1.452.05-0.60
Green vegetables (1 bunch)0.200.200
116.06116.30-0.24