How have the prices changed in the special quarantine regime?

by time news

On March 13, 2020, a special regime was announced in Azerbaijan due to the pandemic. Many restrictions have already been removed, but the aforementioned regime still continues in the country. In particular, the closure of land borders causes great dissatisfaction among citizens.

The pandemic period was marked by price increases both in the country and in the world. The main reason for this was the disruption of the supply chain due to restrictions. The increase in transportation costs has significantly increased prices in global markets. Internal factors also complicated the situation.

Fuel became more expensive, utility costs increased. The heavy dependence on imports has further increased prices and this process is still ongoing.

State Statistics Committee The information disclosed by (SEC) also confirms that the inflation in the country is at a very high level.

DSK publishes the average market price of more than a hundred food products every month. These indicators make it possible to compare prices as of March 1, 2020 and 2023.

In both periods, DSK announced the average market price of 130 different products. From those indicators, it is clear that on March 1, 2020, the cost of a basket consisting of 130 different products was 608 manats. On March 1, 2023, the total price of the same basket of 130 products increased to 798 manats.

This means that the price of the food basket increased by 31.3 percent during the special quarantine period.

Freedom radio

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