|
Post by radovic on May 3, 2008 14:59:49 GMT -5
Kosovo: Food prices up 50 pct 3 May 2008 | 19:08 | Source: Tanjug PRIŠTINA -- The prices of food in Kosovo have risen an alarming 50 percent since the start of this year.
This represents a heavy burden for citizens, local experts in Priština say.
Economists believe that the sudden price hikes could cause a social crisis, the Priština media report.
Considering that the average monthly wage in Kosovo is at EUR 190, the increases in the prices of food, flour and cooking oil in particular, are directly influencing a deterioration of the standard of living, economist Safet Grdaliu was quoted.
However, unemployment remains the key factor that has a negative impact on the standard of Kosovo's residents, followed by the daily inflation.
Experts also say that although Kosovo can produce up to 70 percent of its wheat demand, it currently only covers the wheat market with 40 percent of own production.
Kosovo's deputy premier, Hajrudin Kuci, acknowledged the dire social circumstances "ongoing for a while", but said the authorities in Priština have plans to improve economy and social care, warned at the same time that their implementation "will take time and capacities".
The latest data shows that Kosovo's public sector employees receive minimal wages of EUR 130, while the average monthly salaries stand at EUR 190.
The private sector has only marginally better results, with EUR 150 and 200 respectively.
|
|
|
Post by Novus Dis on May 3, 2008 15:51:58 GMT -5
Where did all that investment money go?
|
|
|
Post by terroreign on May 3, 2008 16:09:20 GMT -5
I'd rather pay a little more for my Cevap, than eating spoiled fish....but that's just me
|
|
|
Post by Novus Dis on May 3, 2008 16:23:01 GMT -5
I'd rather pay a little more for my Cevap, than eating spoiled fish....but that's just me With the ways things are going Albanians will have to do both.
|
|
|
Post by Pejoni on May 3, 2008 16:40:18 GMT -5
Since this the begining of this year..? It has started long time ago, even in Sweden we see how food is becoming expensive let alone the Balkans. Why not compare the prices in the region?
|
|