Expert: Real rise in price is still ahead

15:29 - 9.09.2022


September 9, Fineko/abc.az. The process of price increase taking place in the world has not spared Azerbaijan either. So, over the past 3 months, the price increase is felt almost every week, and sometimes every day.

ABC.AZ reports that experts are already sounding the alarm in this regard.

Food expert Elchin Bayramli believes that the price increase will continue for some time.

In his opinion, this will be a natural, not an artificial increase in prices, since grain prices on the world market have increased and continue to grow.

"If we look at the standards of the world market, we’ll see that everything there also depends on the cost price. The rise in the price of raw materials is also manifested in the final products of production. That is, if the price of feed on the market rises, it will affect all related sectors. In the summer season, price growth has slowed down relatively due to a decrease in demand for meat, milk and eggs. But from autumn to winter, we’ll be able to see an increase in prices for these products,” Bayramli emphasized.

 

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