One of main causes of price increase is weak competition

17:43 - 11.01.2023

January 11, Fineko/abc.az. The Center for Social Research (CSI) conducted a survey of the population about the price increase.

ABC.AZ reports that 34.4% of respondents noted artificial price increases by entrepreneurs and sellers as the cause of inflation.

Another 32.2% believe that the cause for the price increase is linked with the economic and political situation in the world.

One of the interesting results was the opinion of the population about competition in business. 11.6% of respondents said that one of the main reasons for the price increase is weak competition. Another 23.7% believe that the regulatory impact of the relevant authorities is not enough.

In the survey, 4.4% of respondents gave other causes, and 5.4% found it difficult to answer this question.