As soon as the neighbors' sheep sneeze, our prices go up. What is the reason and what should I do?

A report released recently by the State Statistics Committee (SSC) says that in January-March of this year, agricultural products worth 1,444.6 million manats were produced in Azerbaijan, including livestock products worth 1,368.5 million manats, crop production by 76.1 million manats, by 1.1% more than in the same period last year of the year. According to the committee, in the first quarter of 2024, gross agricultural output increased by 1.1% compared to the corresponding period of the previous year, including livestock production by 1.0% and crop production by 2.9%.

Our calculations, based on information provided by the State Customs Committee (SCC), showed that the cost of food products imported by Azerbaijan in the first quarter of 2024 was 0.3% higher than in the same period last year.

Unfortunately, in Azerbaijan, products grown in buried soil are offered to consumers at a high price. Our research shows that tomatoes are sold 2-3 times more expensive in Azerbaijani markets in autumn, winter and spring than in neighboring countries.

A message distributed by the SSC reads that  in March 2024, the consumer price index for food, beverages and tobacco products in Azerbaijan amounted to 100.4% compared to the previous month, including 100.5% for food products.