FOOD PRICES SOAR 5.6% IN ARMENIA IN DECEMBER

YEREVAN, December 30. /ARKA/. Prices for foods in Armenia soared 5.6%
in December, compared with November, the National Statistical Service
of Armenia reports.

The price rise was mainly due to a 5.8% price hike in dairy market,
6.1% increase in prices for coffee, tea and cocoa, 8.3% for fruits 9.6%
for sugar and 18.2% for vegetables and potatoes.

Instead, fish products became 0.3% cheaper in December.

Bread and other bakery products climbed 5.9% in December 2014,
compared with the same month a year before and 4.3%, compared with
the previous month.

Eggs rose 2.1% in December 2014, compared with the same month a year
earlier, and surged 4%, compared with the previous month. Meat products
went 3.3% up over one year and 2.3% up over one month.

Vegetable fats and adipose rose 1.9% and 3.6% respectively.

In December 2014, compared with December 2013, soft drinks added 0.3%,
spirits and cigarettes the same and confectionery 1.2%.

Consumer prices in Armenia rose 3% in December 2014, compared with the
previous month, the National Statistical Service of Armenia reports.

In the government budget for 2014, inflation is projected at 4%
(±1.5%). —0—-