The UN says that food prices are falling
Speaker Jafarli: “Why does it have no effect on us when prices decrease in the world?!”
In November, there was a drop in food prices in the world. This is the biggest price drop in eight months, following a record high in March.
United Nations (UN) Food and Village Food Organization (FAO) informationit is said so.
The organization tracks the prices of the most widely sold food commodities globally.
It is reported that in November, the low indicators of cereals, meat and dairy products caused the high prices of vegetable oils and sugar. compensation did.
The agency noted that the drop in November means their food index is now just 0.3 percent above its level a year ago.
In Azerbaijan, 2022 will be more food prices rise in price remembered with
In their statements, the officials have always linked the increase in prices with the processes going on in the world.
For example, Finance Minister Samir Sharifov made a statement in May To Azerbaijan stated that there were external negative effects.
He said that we are talking about the increase of inflation:
“One of the reasons for this was the increase in the prices of food products worldwide.”
Economist Natig Jafarli says that since the beginning of this year, ministers deputies, officers tries to explain the increase in food prices with the processes going on in the world.
Now the FAO says that global food prices It has been going down continuously for 6 months. The vegetable oil price index fell 6.6 percent month-on-month to its lowest level since February 2021. Also, the price index of dairy products decreased by 0.6 percent, the price index of meat decreased by 0.5 percent, and the price index of sugar decreased by 0.7 percent in September.
“Dear teachers with ties, yes, we depend on the world for food. Of course, this is the result of your “far-sighted” policy. It is also true that we provide only 25 percent of ourselves with food. When the price increases in the world, it also affects us. Well, why does it not affect us when the price goes down?!” Jafarli said.
The economist asks: “How is this a dependency that works only one-way, towards the price?!”
“So, this is not the root of the problems: the cause of inflation in Azerbaijan is internal problems. Years of corruption, monopoly, tax and customs although the problems related to the policy have been raised, some steps are not taken to solve them. For months at least, the value added tax on both food and medicine and customs the lowering of fees offer we did, but they don’t answer, they don’t want to discuss the issue,” says Natig Jafarli.
According to the economist, the solution to every problem begins with recognition. Here, the government behaves like a pint host:
“Some house owners sweep the garbage under the carpet and try to show that the place is clean to the visitors, but one day that carpet rots and the stench fills the world. Then it is necessary to change not only the carpet, but also the floor…”.
According to the latest published information, October is the most food in Azerbaijan rise in price observed in the river.
According to the State Statistics Committee (SSC), the average monthly retail price of 500 grams of local tea rose by 6.9 percent to 12.17 manats in October compared to September.
The average price of local tea in October compared to the same period of 2021 is 1.19 manat or 10.8 percent more. For comparison, it was announced that the price of food in October increased by approximately 2 percent.
“Bloomberg” also writes that Europe In the Commonwealth of Nations inflation slowed down.
This slowdown is the first time in the last 1.5 years and the worst consumption prices in his struggle to suppress his shock Europe It is a sign of hope for the Central Bank (ECB).
Price increases and energy crisis in Europe started in February of this year. The reason is Russia’s attack on Ukraine.
Europe The Commonwealth of Nations considered Russia’s attack on Ukraine an invasion and unacceptable, and therefore imposed various sanctions on Russia.
Russia and in turn created obstacles in the transportation of oil and gas to Europe.
All this has led to the weakening of the economy of both sides, that is, both Russia and the countries of the European Union, and high-interest inflation.