Prices For Food Fall By 2.4% In June In Armenia

PRICES FOR FOOD FALL BY 2.4% IN JUNE IN ARMENIA

Noyan Tapan
Jul 3 2006

YEREVAN, JULY 3, NOYAN TAPAN. A 2.4% price fall was registered on the
Armenian foodstuffs market in 2006 June compared with May. A 19.5-0.1%
price fall was registered in 4 out of the 13 food commodity groups
observed, a 0.1-1.% price growth in 5 groups, and in 4 food commodity
groups prices remained unchanged compared with the previous month.

According to the RA National Statistical Service, a 19.5% price fall
was registered in the fish commodity group in 2006 June compared with
May, which is mainly conditioned by a 23.7% fall in the price for
fresh white fish. A 14% price fall was registered in the potato and
vegetables commodity group in 2006 June compared with May, which was
mainly conditioned by price fall of grean beans (66.3%), green pepper
(56.5%), cucumber (52.2%), tomato (46.1%). In the above mentioned
period price fall for cabbage, egg-plant, onion (5.5-2.1%) and price
growth for garlic, potato, carrot, beet (0.4-37.1%) was registered.

A 2.9% price fall was registered in the fruit commodity group in
Armenia in 2006 June compared with May. Fall in price for strawberry
(57%), cherry (33.1%), apricot (9.1%), as well as among melons and
gourds for watermelon (18.5%) was registered. At the same time,
prices for plum, peach, apple, pear grew by 71.6-3.2%.

Prices for butter and oil decreased by 0.1% in 2006 June compared
with May and in the commodity group of bread products, dairy products,
confectionery, other food, alcoholic drinks and cigarettes the prices
remained unchanged as compared with the previous month.

A 1.1% growth in price for eggs was registered in 2006 June as compared
with May.

A 0.2% price growth was registered in the meat commodity group in
2006 June compared with May, which was mainly due to a 0.3% increase
in the price for mutton, 1.6% increase in the price for beef, 6.4%
increase in the price for poultry. The prices for beef and pork in
the indicated period fell by 0.4% and 3.1%, respectively.

In the commodity group of granulated sugar, coffee, tea, cocoa a 0.1%
price growth was registered in 2006 June as compared with May.