It is said that the Novruz table has risen in price by 40 percent
Novruz holidayina (20-March 21) days remain. Fairs have started in Baku, the capital of Azerbaijan, in connection with the holiday. Since March 12, tents have been set up in different parts of the capital for this purpose. City dwellers holiday They go to these fairs and other trade outlets to prepare for it.
How much does the Novruz table cost for a family of four this year? Salary and To what extent does income growth keep pace with inflation?
According to the State Statistics Committee (SSC) according toIn the first two months of 2022, the consumer price index increased by 12.2 percent compared to the same period in 2021. Food, beverages and Tobacco prices rose by 17.2 percent.
Baku resident Jeyhun Mammadov reports that, family this year holiday spent about 230-250 manats for the table: “It’s almost like my salary,” he said that, is half. Rice, meat, butter – everything has become more expensive. Only soup, baklava and It takes a lot of money to cook sugar. It still has fruit. Last year, I had 160-170 manats on that table. “
Milli Member of the Parliamentary Committee on Agrarian Policy Azer Badamov to work “TuranHe said that, On the eve of the holiday, it is natural that there will be some increase in product prices in the markets: “Vendors who see an abundance of customers in pre-holiday markets are trying to make more money by raising prices.”
Deputy reminded that, In order to avoid a sharp rise in prices in the markets, the state organizes holiday fairs: “Agricultural products are sold at fairs at more reasonable prices. Although it does not have a significant impact on market prices, it does play a role in ensuring access to holiday goods.
According to him according topre-holiday price increases are temporary: “After the holidays, market prices are expected to fall to some extent.”
Economist Speaker Jafarli also reminded RFE / RL that, to official figures according tofood inflation is about 17 percent compared to the same period last year: “The main concern of our people is food inflation. Official statistics in Azerbaijan are problematic and Given that it does not reflect the reality for a long time, the probability of food inflation of 25-30 percent is quite high.
According to him according toto some products according to Food inflation is higher: “Even 50 percent. But the average is about 25-30 percent. “
As for the increase in people’s incomes, N. Jafali said that, Last year, people’s nominal incomes increased by about 3 percent: “This is an official figure. In the first months of this year, growth continues at the same pace. That is, if we compare from month to month, the minimum wage at the beginning of the year and If we take into account the growth in other areas under state control, it is possible to say that there is an average income increase of about 8 percent.
According to him, if food inflation is 25-30 percent, and incomes increase by only 7-8 percent, it will lead to a decline in people’s purchasing power. and in fact, it is a sign of a further increase in poverty.