High product prices required to be taken by government

High product prices required to be taken by government

The rise in consumer prices is making living harder for Kosovo citizens. They express concern for the high prices of the articles, viewing them as unaffordable compared to their incomes. Low wages and import growth are cited as key factors that are negatively affecting the standard [...]

Kosovo's Statistics Agency on Friday has announced that the overall harmonised consumer price index is higher at an average of 2.2% in July of this year compared to the same period 2023. Monthly inflation was 0.3% in July 2024.

Citizens Uke Stojki per kp says food items prices have risen beyond normal. He says the Kosovo government should increase wages.

They killed us, but they're stealing enough. There's no market, since you've been to the vault I haven't stolen you. They have also expensive prices beyond their proper needs. I had my wife killed 10 years ago, I took my pension, 168 euros. Stronger were five years ago 168 euros than today 1,000 euros. What products are you seeing expensive? All of them, I can't share. They killed us. Let's raise salaries (government), give up prices like this, but raise salaries”, Stojki said.

Mexhit Jetullah also estimates that the prices on the models are too high. He says that without the financial assistance of the family, he will not be able to make it.

Expensive extrem. We're listening to these diaspora, the prices at the market, the food equal to the west. Our incomes and the west are different, but the prices are the same. Do you have difficulty shopping? Yeah, we have... I'm a pensioner, for example. (If) my family and my boys can't help me, I can't even pay... The state has to fix these things by policy”, Jetullahu points out.

Rasim Hajdari points out that prices are unaffordable compared to income. He says the government should take steps to reduce them as well as reduce import.

“Yes, high ones are, given the quality is high, their quality is weak... Do you think the prices of food items on brands are appropriate compared with the wages of citizens? No, no, no, no, no, no. Compared to what standards they are, it's unaffordable... It's hard... (The government) affects subsidies to lower prices, it would have been better, and it takes local products. These products, coming from neighboring countries, raise the prices”, says Hajdari.

The chairman of the Association “Consumer”, Ceatin Kachanici, insists there will be a reduction in product prices. He points out that increased consumer price is damaging consumers and that the government should take socio-economic measures to support the most endangered layers.

Any increase in prices, in particular the increase in daily consumer basket articles, and in particular if it is not followed by correct and concrete steps of analog increase in revenues, of course it hurts not a little, but many consumer citizens and the consumer family... it is very difficult to imagine that there will be a decline, because prices are like snow avalanche, when they go there are no power to stop them. The only answer, however, is for the government to take socioeconomic measures to support the most endangered sections”, Kachanik points out.

Economics Professor Mustafe Kadrijaj in a proposal for Kosova Prees says that increasing the price of the consumer basket has constantly burdened the lives of citizens. According to him, low wages and import growth are the main factors affecting the situation.

Kadrijaj says this report should be an alarm for the government to take measures.

The rising price of the consumer basket has constantly burdened the citizen's life with bad luck. Here we have two sides to check, wages are low, but we need to know that import is the largest indicator to affect economic and citizen life in the country. Unfortunately not good, so far we're always having extremely high, escalating import... Every trumpet government that will always work in this direction, as well as this government, without coming to power, has always promoted the budget of local production taxes, but unfortunately, this government now, when we talk it always puffs up with customs that they are filling the state ark. The moment it's filled through customs, it's a fact that businesses and local products are being damaged, because we have high import... it must be an alarm for the current government to change this report”, potential Kadrijaj.

The ASS report reportedly that the overall harmonised consumer price index is higher at an average of 2.2% in July of this year compared to the same period last year.

This is explained with the rise of consumer prices in groups and subgroups of COICOP: flight tickets (22%); coffee, tea and cocoa (7.7%); fish (7,7%); alcoholic beverages (7,2%); trees (6.3%); solid fuel, firewood, diapers, etc. (6%); glass, taturas and kitchen vehicles (5,9%); goods and services for the usual maintenance of the domestic economy (5.6%); sugar, jam, honey, chocolate and candy (5.6%); clothes (4.9%); personal care (4.3%); mineral water, non-alcohol drinks, juices from trees and vegetables (37%); things and other rechreative equipment, gardens and berries (3.8%); bread and cereal (3.1%); and cereal (3.1%); fuel and lubricants for personal transportation, (21%), food products (21%), hotels, hotels and household facilities (1.8%), and household facilities (1.5%; bread (3.1%; and cereal; and sugar (0%; and sugar; and sugar; and sugar; and sugar (a).

While the price decrease is noted in the COICOP group: vegetables (-5.2%) with an impact of (-0.2 percent) on IHCK.

 

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