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food prices grow by 7.3% in first six months of 2008 in armenia

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  • food prices grow by 7.3% in first six months of 2008 in armenia

    FOOD PRICES GROW BY 7.3% IN FIRST SIX MONTHS OF 2008 IN ARMENIA

    NOYAN TAPAN
    http://www.nt.am/news.php?shownews=115296
    Ju ne 2

    Food prices grew by 7.3% in in June 2008 in Armenia compared with
    December 2007 and fell by 1.4% as compared with May 2008.

    According to the data of the RA National Statistical Service, a
    12.2-0.2% fall in prices was registered in 5 out of 13 commodity
    groups under observation, and a 0.2-5.5% growth in prices in other 8
    commodity groups. A 12.2% fall in prices was registered in the group
    of fish products, which was mainly conditioned by a 13.8% fall in
    prices for white fish.

    Prices for vegetables and potato fell by 9.8% in June 2008 compared
    with May and by 22.7% compared with June 2007. In June 2008 as compared
    with May prices for green beans fell by 58%, for green pepper by 46.8%,
    for tomato 38.7%, herbs 27.2%, eggplant 24.9%, cucumber 19.7%, onion
    2.3%. Parallel with it, prices for carrot grew 2.1-fold, for beet
    2.4-fold, for cabbage 1.8-fold, for potato by 6%, for garlic by 5.7%.

    A 9.5% fall in prices was registered in fruit commodity group in
    June 2008 compared with May and a 11.3% fall in prices compared with
    June 2007.

    The average price for eggs in the country fell by 3.7% in June 2008 as
    compared with May, for dairy products by 0.2%, for alcoholic drinks
    and cigarettes by 0.1%. In the commodity groups of other foodstuffs
    a 14.5% growth in prices was registered in June 2008 as compared
    with June 2007 and a 4% growth as compared with May 2008. The latter
    was mainly conditioned by a 4.7% growth in prices for salt, 6.7%
    for black pepper, 9% for baking soda.

    A 5.5% growth of prices for soft drinks was recorded in June 2008 as
    compared with May in Armenia, which is mainly the result of a 12.8%
    growth in prices for Jermuk mineral water (in glass bottles).

    A 31.6% growth in prices was recorded in the bread products commodity
    group in June 2008 compared with June 2007 and a 0.9% growth in prices
    as compared with April 2008. The latter was mainly due to a 9.1%
    growth in prices for rice and 5% for grain.

    In the commodity group of coffee, tea and cocoa a 18.5% growth in
    prices was recorded in June 2008 as compared with June 2007 and a 2.1%
    growth as compared with May 2008. The latter was mainly due to a 4.4%
    growth in prices for coffee.

    A 5.9% growth in prices was recorded in the meat products commodity
    group in June 2008 as compared with June 2007. Prices for beef, pork,
    and mutton grew by 0.3%, 0.5%, and 9.9%, respectively, in June 2008
    compared with May.

    In commodity groups of confectionery, oil and butter, sugar a 0.2-0.9%
    growth in prices was recorded in June 2008 as compared with May.
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