FOOD PRICES GROW BY 4% IN ARMENIA IN MAY 2007 <br />


FOOD PRICES GROW BY 4% IN ARMENIA IN MAY 2007

  • 04-06-2007 22:00:00   | Armenia  |  Economy
YEREVAN, JUNE 4, NOYAN TAPAN. A 4% inflation was registered in the Armenian food commodity market in May on April 2007, which was mainly due to a 15.9% and 19.7% growth in prices of fruit and vegetables. According to the RA National Statistical Service, a 18.4% growth in prices of vegetables and potato was registered in Armenia in May 2007 on May 2006 and a 19.7% growth - in May on April 2007, which was mainly due to a growth in prices of potato (24.3%), carrot (25%) and cabbage (33.9%). Prices of tomato, garlic, onion and beet rose by 0.7-12.9% in the indicated period. In the fruit commodity group, a 26% inflation was registered in May 2007 on May 2006 and a 15.9% inflation - in May on April 2007. Prices of lemon, banana, pear, grapes, apple, pomegranate, orange rose by 0.5-26.9% in May on April 2007. In the commodity group of meat products, a 1% inflation was registered in May on April 2007, mainly due to a 9% and 10.8% growth in prices of mutton and pork respectively. The price of beef grew by 0.2% in the indicated period. A 0.1% inflation was registered in the commodity group of coffee, tea and cocoa in May on April 2007, while prices in the commodity groups of bread products, confectionery, other foodstuffs, soft drinks, alcoholic drinks and cigarettes remained at the level of the previous month. A 0.4% price fall was registered in the commodity group of fish products in May on April 2007, mainly due to a 0.8% fall in the price of fresh white fish. 0.1-0.2% fall in prices of milk products, butter, vegetable oil, eggs and granulated sugar was registered in the country in May on April 2007.
  -   Economy