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Food Prices Rise By 4.4% In Armenia In January

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  • Food Prices Rise By 4.4% In Armenia In January

    FOOD PRICES RISE BY 4.4% IN ARMENIA IN JANUARY

    Noyan Tapan
    Feb 5, 2008

    YEREVAN, FEBRUARY 5, NOYAN TAPAN. Food prices rose by 4.4% in Armenia
    in January 2008 on December 2007, which is by 0.6% lower than the
    respective index of the same period of last year. According to the
    RA National Statistical Service, 0.3-34% inflation was registered in
    10 out of the 13 commodity groups under observation.

    2.1% price fall was registered in the commodity group of vegetables
    and potato in January 2008 on January 2007 and a 34% price growth -
    in January 2008 on December 2007, which exceeded the respective index
    of last year by 4.5% (29.5%). A growth in prices of tomato (1.1fold),
    cucumber (50.3%), onion (19.4%), beet (11.8%), carrot (9%), potato
    (4%), garlic (1.9%) was registered in Armenia in January 2008 on
    December 2007.

    There was 7.4% price growth in the fruit commodity group in January
    2008 on January 2007, 8.9% price growth was registered in January
    2008 on December 2007. Prices of tangerine, lemon, grapes, apple,
    banana, pomegranate, pear, blood orange grew by 8.9-50.6% in Armenia
    in January 2008 on December 2007.

    11% price growth was registered in the commodity group of fish products
    in January 2008 on December 2007. 1.1% price growth was registered in
    the commodity group of meat products in the indicated period, mainly
    due to a 11.3% growth in pork price. The price of beef grew by 1%,
    while that of mutton fell by 0.5%.

    0.3-1.7% price growth was registered in the commodity groups of
    bread products, confectionery, soft drinks, milk products, egg,
    coffee, tea, cocoa in January 2008 on December 2007. There was 24.6%
    price growth in the commodity group of butter and vegetable oil in
    January 2008 on January 2007, and 3.6% price fall was registered
    in January 2008 on December 2007 - mainly due to 8.3% fall in the
    price of butter. Prices of vegetable and other oils fell by 1.6-4.3%
    in January 2008 on December 2007.

    Price of granulated sugar fell by 19.7% in Armenia in January 2008
    on January 2007 and by 1.7% in January 2008 on December 2007.

    From: Emil Lazarian | Ararat NewsPress
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