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Prices Of Food Commodities Grow By 3.8% In Armenia In December 2006

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  • Prices Of Food Commodities Grow By 3.8% In Armenia In December 2006

    PRICES OF FOOD COMMODITIES GROW BY 3.8% IN ARMENIA IN DECEMBER 2006 ON NOVEMBER 2005

    Noyan Tapan
    Dec 04 2006

    YEREVAN, DECEMBER 4, NOYAN TAPAN. A 3.8% inflation was registered in
    the Armenian food commodity market in November 2006 on December 2005,
    and a 7.8% inflation in November 2006 on November 2005. According to
    the RA National Statistical Service, a 2.1% rise of food commodity
    prices was registered in the country in November on October 2006,
    which was mostly conditioned by 4.6-24.1% growth in prices of eggs,
    fruit, vegetables, potato and fish products. The 24.1% inflation
    in the commodity group of fish products in November on October 2006
    was the result of a 36.7% and 29.3% rise in the prices of smoked and
    fresh white fish respectively. A 36.4% inflation was registered the
    vegetable and potato commodity group in November 2006 on November
    2005. During the indicated period, the rise in the price of onion
    made 8.7%, of cucumber - 10.2%, cauliflower - 12.8%, cabbage - 20.4%,
    garlic - 40%, carrot - 52.2%, tomato - 53.9%, beet - 57.7%, potato -
    72.5%. A 13.2% inflation was registered in Armenia in the vegetable
    and potato commodity group in November on October 2006, which is the
    result of the growth in prices of onion - 13.2%, green pepper - 33.4%,
    eggplant - 36.7%, cucumber - 55.7%, and tomato - 2.3fold. Prices of
    beet, carrot, garlic and potato grew by 6.4-12.7% in the indicated
    period. The 25.6% inflation in the fruit commodity group in November
    2006 on November 2005 was mainly due to the growth in prices of apple -
    35.7%, pear - 43.5%, watermelon - 1.8fold, melon - 2.1fold and peach
    - 2.3fold. A 9.2% growth in fruit prices was registered in November
    on October 2006, mostly due to the growth in prices of pear - 9.2%,
    apple - 12.6%, grapes - 31.7%, peach - 46.5%, watermelon - 87.3% and
    melon - 54.3%. At the same time, there was a 2-30.4% decline in prices
    of tangerine, lemon, pine-apple, orange and banana in the country.

    The average price of eggs grew by 21.2% in November 2006 on
    November 2005 and 4.6% on October 2006. A 0.1-1.1% growth in prices
    of butter, vegetable oil, other products, confectionery, bread
    products, milk products, coffee, tea and cocoa was registered in
    the country in November on October 2006. In the indicated priod,
    the prices of granulated sugar and meat products declined by 1.9%
    and 1% respectively, while the prices of soft and alcoholic drinks
    and cigarettes remained at the previous month's level.
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