The Warehouse Center updated that inflation in May was 9.57%
This is indicated by the Economic and Social Report that it produces every month. It means a price rise of 43.30% so far this year.
The Total Basic Basket, which determines the poverty line for a family of four, stood at $231,403. On the other hand, the same family model needed $127,587 to overcome the poverty line.
The foods that increased the most during May were sugar (46%), butter (25.35%), salt crackers (24%), cornmeal (22%) and sunflower oil (20%) .
The report also reveals that 46.9% of the households consulted could not access the total Basic Food Basket during May.
You may also like
Azerbaijan’s economy is strongly tied to oil and gas. Large-scale projects such as Azeri–Chirag–Gunashli (ACG),…
The term haute couture evokes images of opulence, artistry, and the pinnacle of fashion design.…
Understanding Net Energy in FusionNuclear fusion seeks to generate energy from fusion reactions in amounts…
Industrial Internet of Things, often called Industrial IoT or IIoT, has evolved from basic connectivity…
The term haute couture evokes images of opulence, artistry, and the pinnacle of fashion design.…
Subscription-based business models have reshaped how consumers access software, entertainment, fitness, education, and everyday services.…