BREAD AND FLOUR PRICES GROW BY 15.2% AND 11.3% RESPECTIVELY<br /> IN ARMENIA IN SEPTEMBER 2007 ON DECEMBER 2006 <br />


BREAD AND FLOUR PRICES GROW BY 15.2% AND 11.3% RESPECTIVELY
IN ARMENIA IN SEPTEMBER 2007 ON DECEMBER 2006

  • 02-10-2007 16:10:00   | Armenia  |  Economy
YEREVAN, OCTOBER 2, NOYAN TAPAN. Bread and flour prices grew by 15.2% and 11.3% respectively in Armenia in September 2007 on December 2006. According to the RA National Statistical Service, a 1% inflation of food commodities was registered in the country in September on August 2007, mainly due to a considerable rise in prices of butter, vegetable oil, bread and fish products, egg. 2.8% inflation was registered in the commodity group of bread products in September on August 2007, which was mainly conditioned by a 4.1% growth in bread prices. The growth in flour prices made 2.3% in the indicated period. 7.9% inflation was registered in the commodity group of butter and vegetable oil in September on August 2007, mainly due to a 14.5% growth in butter prices and 13.4% growth in prices of vegetable oil. Prices of butter and vegetable oil grew by 16.6% and 8.2% respectively in September 2007 on September 2006. The average price of eggs grew by 3.4% in September on August 2007. 2.4% inflation was registered in the commodity group of fish products. There was 0.9% inflation in the commodity group of meat products, mainly due to 1.2% and 2.7% rise in prices of pork and poultry respectively. Mutton and beef prices rose by 0.6% and 0.7% respectively in the indicated period. 0.1% and 0.5% price growth was registered in the commodity group of coffee, tea and cocoa and in the milk product commodity group respectively in September on August 2007, while prices of confectionery, other foodstuffs, soft drinks, alcoholic drinks and cigarettes remained unchanged. There was a 10.9% price growth in the fruit commodity group in September 2007 on September 2006 and a 11.2% fall - as compared with August 2007, mainly due to a fall in prices of grapes (42.3%), pear (38.1%), peach (36.4%), apple (20.8%). Prices of watermelon and melon fell by 1.5% and 10.5% respectively. 8.2% price fall was registered in the commodity group of vegetables and potato in September 2007 on September 2006, and 3% price fall was registered in September on August 2007, mainly conditioned by a fall in prices of carrot (38.3%), cauliflower (34.9%), beet (31.8%), eggplant (10.8%), garlic (8.8%), onion (5.8%), green pepper (4.9%), tomato (4.8%). Potato prices fell by 1.2% in the indicated period.
  -   Economy