AZ

How has the amount of food purchased changed over the past year? – Calculation


In the first 8 months of this year, one person spent an average of 456.1 manats per month in the retail network.
According to Yeniаvaz.com, 252.2 manats (55.3%) of the funds spent were spent on food, beverages and tobacco products, and 203.9 manats (44.7%) on non-food products.
For comparison, it should be noted that during the same period last year, one person spent an average of 248.5 manats per month on food, beverages and tobacco products, and 191.6 manats on non-food products.
As can be seen from the published data, compared to a year earlier, funds spent on food, beverages and tobacco products increased by an average of 1.5%, and funds spent on non-food products increased by 6.4%.
At the same time, official data says that compared to the same period last year, in August this year, food, beverages and tobacco products increased in price by 3%, and non-food products - by 1.8%. At the same time, any person who bought food products for 500 manats in August last year could not buy the same amount of food products for 500 manats in August this year. Thus, the price of food products, which cost 500 manats in August last year, increased (inflation 3%) and amounted to 515 manats in August this year. At the same time, a person who spent 500 manats in August last year, spent 507.5 manats in August this year (an increase of 1.5%). This means that in August this year this person did not buy food products for 7.5 manats, unlike in August last year. It should also be noted that compared to the same period last year, more non-food products could be bought in August this year. Thus, non-food products, which cost 500 manats in August last year, became more expensive (inflation 1.8%) and amounted to 509 manats in August this year. At the same time, the same person who spent 500 manats in August last year, spent 532 manats in August this year (an increase of 6.4%). This means that in August this year this person bought more non-food products (worth 23 manats) than in August last year.

Elnur Ali
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