• $ 1.7
  • € 1.9755
  • ₽ 0.020799
  • ₺ 0.0406
  • £ 2.2706

Over the past five years, food prices have increased by 15.3 percent

Over the past five years, food prices have increased by 15.3 percent
28.05.2020 23:05

In comparison with the last five years, starting in 2008, food prices increased on average by 15.3%. The rise in prices was as follows: in 2009 - 32.06 %, in 2010 - 9 %, in 2011 - 4.3 %, in 2012 in comparison with the current period - 2.1%. Most over the past 5 years rose beef - 28.5%, lamb - 25%, fish products – 25%, granulated sugar - 18.5 %, sugar cubes - 55%, sour cream - 33 %, sour milk -25 % , local cheese -17.8 % , sweets - 40% sweets, potatoes -133 %, onions - 82%.

Housewives believe that increased food prices will cause high cost of Christmas holiday table. If five years ago a festive table for a family of four cost about 50 manat, the current cost is 70-80 manats.

Experts believe that the continuous rise in prices for five years was due to both internal and external factors. Along with inflation and the rise in price of imports and fuel, there is monopoly.

One expert, explaining the situation, said the following, "The most important factor influencing the increase in prices over the past few years was monopoly. We buy most of the used products for the holiday table at monopoly prices. If this is not prevented, the cost of the festive table will grow from year to year."

ANN.Az

Similar news
Similar news
Dead seals found on Azerbaijan’s Caspian coast
Society 17:25
Dead seals found on Azerbaijan’s Caspian coast
Bakcell organizes trip to Karabakh for media representatives
Society 14:57
Bakcell organizes trip to Karabakh for media representatives
Azercell’s cybersecurity team achieves great success at CIDC 2025 – Critical Infrastructure Defence Challenge!
Society 12:22
Azercell’s cybersecurity team achieves great success at CIDC 2025 – Critical Infrastructure Defence Challenge!

The first “Zeekr 001” handed over to winner in Bakcell’s lottery!
Society 20:13
The first “Zeekr 001” handed over to winner in Bakcell’s lottery!
Hunting season opens in Azerbaijan
Society 17:30
Hunting season opens in Azerbaijan
New European clothing brands set to enter the Azerbaijani market
Society 18:00
New European clothing brands set to enter the Azerbaijani market
Hundreds of thousands missing worldwide — ICMP chief says cooperation is key
Society 14:00
Hundreds of thousands missing worldwide — ICMP chief says cooperation is key
Sanremo Institute has trained 30,000 experts in humanitarian law — Giorgio Battisti
Society 11:30
Sanremo Institute has trained 30,000 experts in humanitarian law — Giorgio Battisti
3,990 Azerbaijanis registered as missing
Society 10:30
3,990 Azerbaijanis registered as missing
Anews TV

Our official Youtube channel

Subscribe