FOOD PRICES RISE BY 2.2% IN ARMENIA SINCE EARLY 2008
05-08-2008 16:00:00 | Armenia | Economy
YEREVAN, AUGUST 5, NOYAN TAPAN. 2.2% growth of food prices
was registered in Armenia in July 2008 on December 2007. Food
prices fell by 4.8% in July on June 2008. 0.2-31.2% fall of
prices was registered in 8 out of 13 food commodity groups under
observation in July on June 2008, while there was 0.1-1.3%
inflation in the 5 other commodity groups.
According to the RA National Statistical Service, potato
and vegetable prices fell by 31.2% in Armenia in July on June
2008 and by 17.2% in July 2008 on July 2007. There was a fall in
prices of green beans (66.8%), tomato (64.7%), green pepper
(59.5%), egg-plant (52.8%), cabbage (43.4%), cucumber (35.4%),
herbs (30.9%), potato (23.9%), beet (17.8%), carrot (15%) and
garlic (2.4%). In the fruit commodity group, the price fall made
20.4% in July on June 2008 and 17.8% in July 2008 on July 2007.
There was a fall in prices of apricot (62.2%), cherry (41.3%),
plum (30.5%), pear (225), apple (17%), watermelon (59.2%) and
melon (48.5%) in July on June 2008.
Prices fell by 20.1% in the commodity group of fish
products in July on June 2008, which was mainly due to a 23.9%
fall in the price of fresh white fish.
The average republican price of eggs fell by 4.2% in July
on June 2008.
The average republican price of granulated sugar fell by
1.9% in the indicated period and by 7.9% in July 2008 on July
2007.
Prices grew by 6.4% in the commodity group of meat products
in July 2008 on July 2007 and fell by 0.3% in July on June 2008.
Beef and mutton prices fell by 1.3% and 0.3% respectively in
July on June 2008, pork price grew by 3.2%. Prices of butter and
vegetable oil fell by 0.6% and 0.2% respectively in July on June
2008. Bread prices fell by 0.2% (due to 1.2-1.9% fall in prices
of some sorts of flour).
Prices of alcoholic drinks rose by 0.4% in July on June
2008, mainly due to 3.9-4.5% growth in prices of some brands of
beer. The inflation in the commodity groups of milk products,
soft drinks, confectionery, coffee, tea, cocoa, and other
products made 0.1-1.3% in July on June 2008.