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Imported Wheat Prices Didn't Grow, But Bread Prices Did

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  • Imported Wheat Prices Didn't Grow, But Bread Prices Did

    IMPORTED WHEAT PRICES DIDN'T GROW, BUT BREAD PRICES DID

    http://www.lragir.am/index.php/eng/0/country/view/27925
    Thursday, 01 November 2012, 15:00

    The price increase in the wheat and flour market of Armenia is
    consistent to the developments of the international market, said the
    head of the State Committee for the Protection of Economic Competition,
    Artak Shaboyan.

    According to him, this is a market of high concentration and social
    importance. Shaboyan says the market is under daily monitoring: the
    prices for the imported wheat are observed and the international
    developments are followed. Wheat prices keep increasing in the
    international market. Russia applies limitations due to the decrease
    of the wheat harvest.

    When asked about the data provided by the Customs' service which show
    the price for the imported wheat didn't grow in the last month, but
    the bread prices increased, Shaboyan called to discuss the results
    of their researches and not the Customs' data.

    According to State Statistics Service, 1.2-1.4% increase was recorded
    in October compared to September this year.

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