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Inflation In Armenia Led To Malnutrition - Oxfam Report

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  • Inflation In Armenia Led To Malnutrition - Oxfam Report

    INFLATION IN ARMENIA LED TO MALNUTRITION - OXFAM REPORT

    tert.am
    09.10.12

    There are about one million poor people in Armenia, many of them
    are starving and while the food prices will grow twice by 2030,
    the poverty rate will go up too.

    This is the preface of the report on Vulnerability of Prices in Armenia
    prepared by Oxfam Armenian branch within the framework of Monitoring
    of Food Prices in Armenia program.

    "Everyone, everywhere is trying to find the guilty. We tried to find
    out the deeper causes of inflation in Armenia," Gagik Torosyan,
    who participated in the process of preparation of report told the
    reporters on Tuesday.

    First of all an attempt has been made to reveal both objective and
    subjective reasons of the raise in prices in Armenia. It has been
    revealed that the inflation resulted in malnutrition as people have
    deprived themselves of some food as a result of growth in prices.

    As compared with June 2011, in 2012 the products that have become more
    expensive are pomegranate by 41,9%, pork by 36,2%, cacao by 34,5%,
    raisins by 26.2%, Pele coffee by 26.0%.

    Agreed with favorable agricultural year, a number of products have
    become cheaper. Among them are table beet by 51.3%, garlic by 52%,
    plum 56.4%, apple by 59.9%, melon 69.1%.


    From: Baghdasarian
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