{"id":288113,"date":"2023-10-17T12:00:00","date_gmt":"2023-10-17T08:00:00","guid":{"rendered":"https:\/\/www.meydan.tv\/article\/azerbaycanda-qazanilan-her-100-manatin-56-manati-erzaga-gedir\/"},"modified":"2023-10-17T21:55:15","modified_gmt":"2023-10-17T17:55:15","slug":"azerbaycanda-qazanilan-her-100-manatin-56-manati-erzaga-gedir","status":"publish","type":"post","link":"https:\/\/www.meydan.tv\/en\/article\/azerbaycanda-qazanilan-her-100-manatin-56-manati-erzaga-gedir\/","title":{"rendered":"The percentage of household budgets spent on groceries in Azerbaijan continues to grow"},"content":{"rendered":"\n
<\/p>\n\n\n\n
The amount of money spent on groceries by the Azerbaijani population is increasing. <\/em><\/p>\n\n\n\n
According to the report released by the State Statistical Committee regarding trade turnover, in the first 9 months of this year, out of the total trade turnover of 40.9 billion AZN, 23 billion AZN were spent on groceries, alcohol, and tobacco. This accounts for 56.1% of total spending.<\/p>\n\n\n\n
For reference, in 2021, 50.7 percent of the population’s consumption expenses were on food products, beverages, and tobacco, and in 2022, it was 55.3 percent.<\/p>\n\n\n\n
Compared to the same period last year, the money spent by the population on groceries has increased by 2%. The overall percentage increase in trade is 3.3%.<\/p>\n\n\n\n
Average per capita monthly spending is 447.70 AZN. Of this amount, 251.30 AZN, more than half, are spent on groceries.<\/p>\n\n\n\n
Overall in 2023, out of every 100 AZN, 56.10 AZN are spent on groceries and tobacco, 16.70 AZN on non-grocery items, 13.40 AZN on clothing, 5.40 AZN on gasoline, 5 AZN on household goods, 2.30 AZN on pharmaceuticals, and 1.10 AZN on technology.<\/p>\n\n\n\n
Independent experts and economists often state in their explanations that spending more than 30% percent of one’s income on groceries indicates poverty. When income is so low and prices are so high, people can’t allocate money for expenses other than groceries.<\/p>\n","protected":false},"excerpt":{"rendered":"
The amount of money spent on groceries by the Azerbaijani … <\/p>\n