ASHTARAK-KAT CJSC REFUSES TO DIVULGE EXACT AMOUNT OF MILK PRICE INCREASE

PanARMENIAN.Net
November 2, 2010 - 17:19 AMT 13:19 GMT

Record upsurge for the price of cheese has been reported at Armenian
consumer market, growing to AMD 2100-2200 against AMD 1400-1500.

The dramatic growth of cheese price is explained by increase of the
price for milk, PanARMENIAN.Net was told at Ashtarak-Kat CJSC marketing
department. At the same time, the company spoke of its attempts to
control prices for other diary products, however, refraining to name
the exact amount of milk price increase.

Dustr Marianna Ltd., yet, reported no growth in diary products' price.

According to National Statistical Service of Armenia, 3,9% inflation
for diary products was reported in October 2010 against September 2010;
5,6% inflation was observed compared with last year's results.

The inflation is explained by 7,6% increase for cheese price.




From: A. Papazian