Food prices fall by 0.1% in Armenia in November 2008
01-12-2008 18:45:00 | Armenia | Economy
YEREVAN, DECEMBER 1, NOYAN TAPAN. A 0.1% fall in prices of
food commodities was recorded in Armenia in November on October
2008, which was mainly conditioned by a 4.3% fall in prices of
bread products.
According to the RA National Statistical Service, a 12.2%
growth in prices of bread products was recorded in Armenia in
November 2008 on November 2007, and a 4.3% fall in November on
October 2008, which was mainly due to a fall in prices of flour
(6.4%) and high-quality bread (5.6%). Prices of some types of
bread, macaroni, buckwheat, rice, pea, lavash and grain fell by
0.8-2.5% in the indicated period.
There was a 0.2% fall of prices in the commodity group of
meat products in November on October 2008 and a 9.2% growth of
prices in November 2008 on November 2007. Prices of mutton and
beef declined by 2.6% and 1.3% respectively, while pork prices
grew by 0.4% in November on October 2008.
Prices of other foodstuffs, coffee, tea, cocoa fell by
0.1-0.3% in November on October 2008.
There was a 8.1% inflation in the commodity group of
vegetables and potato in November on October 2008, and a 7.6%
fall of prices in November 2008 on November 2007. A growth was
recorded in prices of tomato (1.6fold), cucumber (1.6fold),
green pepper (44.5%), egg-plant (31.6%), green beans (8.8%),
cabbage (7.1%) and potato (6.6%) in November on October 2008.
Prices of cauliflower, carrot, onion, beet and garlic fell by
3.4-25.9% in the indicated period.
In the commodity group of fruit, there was a 5.5% inflation
in November on October 2008 and a 12.1% fall of prices in
November 2008 on November 2007. There was a growth in prices of
pear (4.1%), apple (4.1%), pomegranate (5.2%), grapes (31.1%),
peach (44.9%), watermelon (50.1%) and melon (55.9%) in November
on October 2008. Prices of tangerine, blood orange, orange,
lemon, and banana fell by 1.8-22.1% in the indicated period.
Prices of fish products rose by 12% in Armenia in November
on October 2008. 2,5% inflation was registered in the commodity
group of butter and vegetable oil in the indicated period,
mainly due to a 10% growth of prices of melted butter. Prices of
corn oil grew by 0.9%, those of butter, sunflower and olive oil
fell by 0.7-1.3% in November on October of this year.
The average republican price of eggs grew by 2.5% in
November on October 2008. Prices of dairy products grew by 2% in
the same period due to a 4.4-7.7% rise in prices of matsun,
yoghurt, curds and fresh milk. Prices of dairy products grew by
3.6% in November 2008 on November 2007.
0.1-0.5% inflation was recorded in the commodity groups of
confectionery, alcoholic drinks and cigarettes, soft drinks, and
granulated sugar in November on October 2008.