1.2% INFLATION REGISTERED IN ARMENIAN FOOD COMMODITY MARKET<br /> IN FIRST NINE MONTHS OF 2006<br />


1.2% INFLATION REGISTERED IN ARMENIAN FOOD COMMODITY MARKET
IN FIRST NINE MONTHS OF 2006

  • 03-10-2006 15:04:00   | Armenia  |  Economy
YEREVAN, OCTOBER 3, NOYAN TAPAN. A 1.2% inflation was registered in the Armenian food commodity market in September 2006 on December 2005 and a 6.8% inflation - in September 2006 on the same month of last year. At the same time, the prices of food commodities fell by 1% in September on August 2006. According to the RA National Statistical Service, the prices of potato and vegetables grew by 25.2% in September 2006 on September 2005. During the indicated period, there was an increase in the prices of onion (9.8%), cucumber (17.6%), carrot (22.8%), beet (28.3%), garlic (32.1%), potato (48.4%) and cabbage (59.3%). A 9.1% price fall was registerd in the commodity group of vegetables and potato in September on August 2006, which was mainly due to a decline in the prices of carrot (33.7%), beet (30.3%), cabbage (29.3%), onion (18.7%), tomato (16.1%) and cauliflower (15.6%). A 2.4-6.6% decline was registered in the price of green peper, eggplant, potato and cucumber in the indicated period. The 21.4% inflation in the fruit commodity group in September 2006 on September 2005 was mostly due to a growth in the prices of strawberry (22%), apple (29.5%), melon (52.4%), pear (63.7%), peach (twofold) and plum (2.1fold). Fruit prices fell in September on Augsut 2006, mainly as a result of a decline in the prices of grapes (32.7%), melon (20.9%), apple (16.2%) and plum (14.3%). There was a 1.7-4.5% fall in the prices of peach, pear, watermelon, strawberry and pomegranate over the indicated period. The prices of butter and vegetable oil fell by 1.1% in September on August 2006. There was a 42.7% growth in the prices of fish products in September 2006 on the same month of last year, and a 3.9% price growth in September on August 2006. The price of granulated sugar grew by 28.5% in September 2006 on September 2005, and a 1.7% decline in the price of granulated sugar was registered in Armenia in September on August 2006. The average price of eggs increased by 15.5% in September 2006 on the same month of 2005 and by 7.2% on August of 2006. The inflation in the commodity group of meat products made 4.1% in September 2006 on September 2005, 2.7% - on December 2005, and 0.1% - on August 2006. A 0.2% inflation was registered in the commodity groups of bread products, milk products, coffee, tea and cocoa in September on August 2006, while the prices in the commodity groups of soft drinks, other foodstuffs, confectionery, alcoholic drinks and cigarettes remained at the previous month's level.
  -   Economy