FOOD PRICES GROW BY 7.8% IN ARMENIA IN JANUARY-APRIL 2008
14-05-2008 16:00:00 | Armenia | Economy
YEREVAN, MAY 14, NOYAN TAPAN. The tendency to inflation,
which was registered in Armenia's food commodity market in the
first three months of 2008, continued in April. The four-month
inflation made 7.8%.
According to the RA National Statistical Service, there was
0.6% growth in food prices in April on March. In the indicated
period, inflation made 0.2-5.6% in 6 out of the 13 commodity
groups under observation.
Prices of bread products grew by 41.3% in Armenia in April
2008 on April 2007 and by 5.6% in April on March 2008. The
latter index was mainly conditioned by a growth in prices of
flour of first quality (5.9% growth) and high quality (9.2%),
and by a growh in prices of high-quality bread (5.6%), lavash
(6.4%) and macaroni (7.3%).
Butter and vegetable oil prices increased by 38.5% in April
2008 on April 2007 and by 4.6% in April on March 2008. The
latter index was mainly conditioned by a growth in prices of
butter (6.3%) and vegetable (sunflower) oil (5.7%).
4.6% inflation was registered in the commodity group of
coffee, tea and cocoa in April on March 2008, mainly due to a
growth in coffee prices. 2% inflation was registered in the
commodity group of meat products in April on March 2008, mainly
due to a growth of the prices of pork (9.1%) and beef (3.7%).
Mutton prices fell by 4.2% in the indicated period. The average
price of eggs rose by 1.3% in April on March 2008. Prices of
alcoholic drinks and cigarettes grew by 0.1%, those of soft
drinks - by 0.2% in April on March 2008. 9.6% price fall was
registered in the commodity group of fish products in April on
March 2008, which was mainly due to a fall in the prices of
smoked and fresh white fish by 14.9% and 10.3% respectively.
Vegetable and potato prices fell by 14% in Armenia in April
on March 2008 and by 7.2% in April 2008 on April 2007. There was
a fall in prices of herbs (31%), chives (28.9%), cucumber
(21.2%), potato (12.9%), cabage (12.75), tomato (11.7%), beet
(9.4%), carrot (4.4%), and garlic (3.1%) in April on March 2008.
2.3% inflation was registered in the fruit commodity group
in April 2008 on April 2007, while 1.1% price fall - in April on
March 2008. Apple, pear, grape prices fell by 0.4-1.4% in April
on March 2008, while prices of imported fruit such as tangerin,
lemon, banana and orange grew by 3.9-7.9%.
Prices of granulated sugar, milk products and confectionery
fell by 0.1% in the country in April on March 2008.