The National Statistics and Information Authority of Afghanistan has confirmed a 2.3% average increase in food prices during the month of Aqrab (November). The rise is primarily attributed to higher costs of grains, meat, fruits, and vegetables.<\/p>\n
According to the latest report, the prices of legumes rose by 1.3%, meat by 1.6%, fruits by 10.3%, and vegetables by 2.1%. At the same time, non-food items also saw a 1.2% increase, driven mainly by a 3.5% rise in the housing index and a 13.9% jump in healthcare costs.<\/p>\n
The overall Consumer Price Index (CPI) inflation in Aqrab increased by 1.6% compared to the previous month. The rise in both food and non-food prices has been cited as the reason behind this trend.<\/p>\n
Year-on-year inflation for Aqrab 1404 (November 2023) shows an 8.5% increase compared to the same period last year. This indicates growing economic pressure on Afghan households, whose daily lives are directly impacted by such fluctuations.<\/p>\n
Despite a modest strengthening of the afghani currency\u2014from 66.8 in the month of Mizan to 66.6 against the dollar in Aqrab\u2014this change only represents a 0.4% appreciation. Compared to the previous year, the afghani has gained just 1.8% against the dollar.<\/p>\n
The rise in essential goods prices comes amid the Taliban administration\u2019s ineffective economic policies, which have not curbed inflation and have instead contributed to its acceleration. The lack of a clear economic strategy and neglect of public welfare have exacerbated hardship for citizens across the country.<\/p>\n","protected":false},"excerpt":{"rendered":"
Afghanistan\u2019s food prices rose 2.3% in November driven by costlier grains, meat, fruits, and vegetables, highlighting mounting economic challenges.<\/p>\n","protected":false},"author":2,"featured_media":2767,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7,17],"tags":[],"class_list":["post-2768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-important-news"],"_links":{"self":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/2768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/comments?post=2768"}],"version-history":[{"count":0,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/posts\/2768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media\/2767"}],"wp:attachment":[{"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/media?parent=2768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/categories?post=2768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/atlaspress.news\/en\/wp-json\/wp\/v2\/tags?post=2768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}