Food Prices Went Up by 5.4% in September
2017 October 24 ( Tuesday ) 10:50:13
Baku / 24.10.17 / Turan: In September, the average price of the consumer basket for 30 types of basic food products of domestic production, compiled by the news agency Turan, increased by 5.4% in Baku.
The prices went up for tomatoes - 157%, cucumbers - 100%, eggs - 44.4%, potatoes - 40%, cabbages - 30.7%, butter - 22.9%, chicken giblets - 14.8%, salt-12 , 5%, cheese - 7.5%, and beef - 4.5%,
The prices fell for onions - 12.5% and apples - 34.7.
The prices for other products remained unchanged.
The rise in prices for vegetable products is associated with the end of the summer season. Rising prices for products such as butter, cheese and eggs are speculative in nature, caused by monopoly. 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 this year are taken away under cotton plantations. There is a tendency to decrease the number of livestock due to the lack of food.
We should expect further growth in food prices due to the lack of cheap seasonal food products and the growth of protein food of animal origin in the diet.
|Foods||Prices by Agust 1, 2017||Prices by October 1, 2017||Change|
|Chicken giblets||2.70||3.10||+ 0.40|
|Corn oil (1 liter)||3.80||3.80||0|
|Eggs (10)||0.90||1.30||+ 0.40|
|Flour (Sort I)||0.48||0.48||0|
|Milk (1 liter)||1.40||1.40||0|
|Sour cream (100 grams)||0.60||0.60||0|
|Sour milk (1 liter)||1.75||1.75||0|
|White cheese||6.0||6.45||+ 0.45|
|Green vegetables (1 bunch)||0.20||0.20||0|