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Food Prices 5.3% Up In Armenia In January 2014, Compared With Previo

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  • Food Prices 5.3% Up In Armenia In January 2014, Compared With Previo

    FOOD PRICES 5.3% UP IN ARMENIA IN JANUARY 2014, COMPARED WITH PREVIOUS MONTH

    YEREVAN, February 4. /ARKA/. Prices for foods rose 5.3% in
    Armenia in January 2014, compared with December 2013, mainly due
    to ten-to-41-percent price hikes in vegetable and fruit markets,
    the National Statistical Service of Armenia reports.

    Prices for vegetables and potatoes went 9.3% up in Jan 2014, compared
    with the same month a year before, and leapt 41.6%, compared with
    December 2013.

    Fruit prices added 0.2% in January 2014, compared with Jan 2013,
    and jumped 10.6%, compared with Dec 2013.

    According to the statistical report, as a whole, fruits, vegetables
    and potatoes became 30.2% more expensive in January 2014 than they
    were in the same month a year earlier.

    The share of this group of products makes up 9.92% in subsistence,
    and it added 3% to the total increase in consumer prices.

    Dairy market accounted for 9.2% year-on-year and 0.8% month-on-month
    price rise in January 2014.

    Prices for meat products crept 0.7% and 0.5% up in January 2014,
    compared with the same month a year before and with Dec 2013
    respectively.

    Instead, sugar prices sank 12.7%, compared with Jan 2013, and slid
    0.6%, compared with Dec 2013. Nonfoods became cheaper as well -
    their prices slipped 0.3%, compared with the previous month.

    Consumer prices in Armenia went 2.8% up in January 2014, compared
    with January 2013, and 5.5%, compared with December 2013.

    Inflation rate was recorded at 5.8% in 2013. In the 2014 government
    budget, inflation is projected at 4% (±1.5%). -0---

    - See more at:
    http://arka.am/en/news/economy/food_prices_5_3_up_in_armenia_in_january_2014_comp ared_with_previous_month/#sthash.g8eGn6bT.dpuf

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