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Food Prices Grow By 0.8% In Armenia In December 2008

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  • Food Prices Grow By 0.8% In Armenia In December 2008

    FOOD PRICES GROW BY 0.8% IN ARMENIA IN DECEMBER 2008

    Noyan Tapan
    http://www.nt.am?shownews=1011096
    Jan 8, 2008

    YEREVAN, JANUARY 8, NOYAN TAPAN. 0.8% growth of food prices was
    recorded in Armenia in December on November 2008, which was mostly
    due to 0.1-18.1% growth of prices in 8 out of the 13 food commodity
    groups under observation.

    According to the RA National Statistical Service, prices in
    the commodity group of potato and vegetales increased by 18.1%
    in December on November 2008 and fell by 11.9% in December 2008 on
    December 2007. There was a growth in prices of tomato (1.9fold),
    cucumber (41.5%), beet (12.7%), carrot (8.1%), cauliflower (7.9%)
    and onion (4.7%) in December on November 2008.

    Potato and garlic prices fell by 4.1% and 0.2% respectively in the
    indicated period.

    The price growth in the fruit commodity group made 13.1% in December
    on November 2008. There was a growth in prices of apple (5%), pear
    (6.8%), pomegranate (16.8%), red pulp Malta orange (18%), and grapes
    (20%), while prices of orange, tangerine and lemon fell by 11.2-27.8%
    in the indicated period.

    The average republican price of eggs increased by 2.4% in December on
    November 2008. Prices of fish grew by 1.1% in the same period. Prices
    of meat products grew by 0.1% in December on November 2008 and by
    9.1% in December 2008 on December 2007. Pork prices grew by 4.5%,
    while mutton and beef prices fell by 1.7% and 1.2% respectively in
    December on November 2008.

    Prices of alcoholic drinks, cigarettes, confectionery, dairy products,
    coffee, tea and cocoa increased by 0.1-0.7% in December on November
    2008.

    Prices of soft drinks remained unchanged as compared with the
    previous month.

    16.9% price growth in the commodity group of bread products in
    January-October 2008 was followed by a 7.7% price fall, with
    prices falling by 3.5% in December on November, which was mainly
    conditioned by a fall in prices of flour (6.1%), grain (4.4%)
    and high-quality bread (4%). Prices of rice, some types of bread,
    macaroni, buckwheat, lavash and cracked wheat fell by 0.2-2.2%
    in the indicated period. 14.8% fall in flour prices was recorded in
    Armenia in July-December 2008 following 20.4% growth in flour prices in
    January-June 2008. 15% growth of bread prices in January-September 2008
    was followed by 8.5% fall in bread prices in October-December 2008.

    Prices in the commodity group of butter and vegetable oil fell by 1%
    in December on November 2008, which was mostly due to a fall in prices
    of sunflower oil (2.5%) and butter (1.2%). Prices of melted butter
    and margarine grew by 0.2-1.1%, while prices of granulated sugar and
    other foodstuffs fell by 0.2% in the indicated period.
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