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FOOD PRICES UP BY 1.1 PERCENT IN SEPTEMBER: DAILY SAYS
/ARKA/
3 October, 2012
YEREVAN
YEREVAN, October 3. / ARKA /. Food prices in 2012 September rose by
1.1% when compared to the previous month, driven by higher prices of
animal and vegetable oil, bread, vegetables and potatoes which rose
form 1.5% to 10.7%, Orakarg (Agenda) daily says.
It says prices of potatoes and vegetables in September 2012 increased
by 10.7% compared to August, although when compared to 2011 September,
they were down 9.7%. In September 2012 tomato prices, compared with
August 2012, hiked significantly by 17.9%, that of potatoes jumped
by 19.1%, the price of green pepper surged by 29.6%, the price of
green beans skyrocketed by 48.2%, eggplant price nearly doubled.
Unlike in 2011, when the dramatic rise in all agricultural products was
due to seasonal factors, in 2012 September a 7 percent rise in bread
prices from a year before and a 1.6 percent rise from 2012 August
were driven by increasing prices of grain at world market and the
national currency, the dram's exchange rate fluctuations. Although
in September the dram strengthened by 0.5 percent it had no impact
on the food prices. ($ 1 - 407.98 drams).
/ARKA/
3 October, 2012
YEREVAN
YEREVAN, October 3. / ARKA /. Food prices in 2012 September rose by
1.1% when compared to the previous month, driven by higher prices of
animal and vegetable oil, bread, vegetables and potatoes which rose
form 1.5% to 10.7%, Orakarg (Agenda) daily says.
It says prices of potatoes and vegetables in September 2012 increased
by 10.7% compared to August, although when compared to 2011 September,
they were down 9.7%. In September 2012 tomato prices, compared with
August 2012, hiked significantly by 17.9%, that of potatoes jumped
by 19.1%, the price of green pepper surged by 29.6%, the price of
green beans skyrocketed by 48.2%, eggplant price nearly doubled.
Unlike in 2011, when the dramatic rise in all agricultural products was
due to seasonal factors, in 2012 September a 7 percent rise in bread
prices from a year before and a 1.6 percent rise from 2012 August
were driven by increasing prices of grain at world market and the
national currency, the dram's exchange rate fluctuations. Although
in September the dram strengthened by 0.5 percent it had no impact
on the food prices. ($ 1 - 407.98 drams).