The increase in prices, a consequence of inflation or disconnection of the supply chain.

Autor: Krasniqi, Sokol, Mehmeti, Ismail, Tërstena, Arben, Deda, Gazmend
Zdroj: International Conference on New Achievements in Science, Technology & Arts (ICNA-STA); 2023, p120-120, 1p
Abstrakt: The increase in general demand, as a result of economic recovery, together with external inflationary pressures as a result of the increase in energy prices, and the prices of goods imported from partner countries, influenced Kosovo to report an increase in general prices in the country. The pandemic ignited the problem. The global supply chain is highly complex and interconnected, especially in times of turmoil. Much of the crisis began in the outbreak of Covid-19, which caused an economic slowdown, mass layoffs and production disruptions. The war in Ukraine is exacerbating rising energy prices and supply chain disruptions that have emerged during the pandemic. These two factors will weigh on the evolution of transport prices, and logistics costs in general. Industry analysts confirm that today's higher wholesale prices are a direct result of tight supplies due to labor shortages, higher input costs for things like raw materials, grains, electricity workers, fuels and strong consumer demand. The reasons why prices are rising are complex and numerous. But one of the most important is related to the dynamics of supply and demand. The methodology used focuses on the collection, analysis and processing of real data, published by the relevant state institutions, and other data collected through interviews - during the period January - February 2023, with business managers at the level of Kosovo. The main results of the research show that the increase in prices is the result of problems in the supply chain, the lack of labor and the increase in the cost of goods. [ABSTRACT FROM AUTHOR]
Databáze: Complementary Index