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Armenian Expert Explains Mounting Egg Prices By Decline In Domestic

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  • Armenian Expert Explains Mounting Egg Prices By Decline In Domestic

    ARMENIAN EXPERT EXPLAINS MOUNTING EGG PRICES BY DECLINE IN DOMESTIC OUTPUT

    YEREVAN, October 1. /ARKA/. Gurgen Martirosyan, the chief of the
    National Statistical Service's prices division, explaining today at
    a news conference price hikes at Armenia's egg market said that they
    were triggered by a drop in domestic output.

    "You have probably heard that some fall in the domestic output is seen,
    though I have no particular figures," he said.

    He said that egg prices have climbed 38% since December 2012. At the
    same time, he pointed out some decrease in egg prices in the last
    ten days of September.

    However, as a whole, a 9.4-percent price hike was recorded in
    September, compared with August.

    The National Statistical Service says ten eggs in Yerevan cost about
    720 drams ($1.7) in August 2013 against 543 drams ($1.3) in August
    2012. In some shops in Yerevan the price for 10 eggs reaches 800 drams
    (1.97).

    According to official statistical reports, foods in Armenia became 0.5%
    cheaper in September than in August mainly due to 7.3%-22% decrease in
    prices for fruits, vegetables and potatoes. ----0---- - See more at:
    http://arka.am/en/news/economy/armenian_expert_explains_mounting_egg_prices_by_de cline_in_domestic_output/#sthash.egulMrPw.dpuf

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