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: