Kosovo economist sounds alarm: Drug Prices on the Rise

All of this is happening at the time of price hikes, there is Periscope.

This is expected to have a significant impact especially on lower - income families, as the economist notes in question.

The following is his full reaction: 

According to the Statistics Agency in Kosovo compared to October 2020 to October 2021, inflation rates were 5.7%, while this figure is not manipulating, but it is not the exact interpretation of the price of basic products has increased much more.

At this time, pandemics are not enough to expensive food products, and our sophras will be very low in food, according to the Kosovo Statistical Administration, medicines (Pharmacological products) are also expensive with 2.3 %.

We will be faced with expensive prices with a lack of food products, and the other will accompany the evil if we have health problems, and we will face a lack of medicine as a result of price hikes.

The biggest shock from this rise in prices for medicine is for low-income families, especially those who receive pensions because their pension has never covered their basic needs and health costs, and what is worse for them is the purchase of drugs from this inflation, since their pension for 144,587 is only 100 Euros.

The Kosovo Competition Authority should certainly look at the situation in our markets and create conditions to benefit consumers, businesses and society as a whole, always protecting competition in the market, not allowing abuse according to dominant positions in the market.