Expert: price hikes expected in Armenia’s fruit and vegetable market ahead of New Year holidays

Expert: price hikes expected in Armenia’s fruit and vegetable market ahead of New Year holidays

YEREVAN, December 11. /ARKA/. Prices for fruits and vegetables will jump ahead of New Year holidays, just as in previous years, Babken Pipoyan, chairman of the Informed and Protected Consumer NGO, said Wednesday at a news conference.

Nuts are expensive now, he said adding that nut prices are likely remain pegged and won’t be higher than now.    

Pipoyan said that prices for meat products are lower than usual market prices.  

“Prices for meat products are thought to remain low, what is pleasant ahead of New Year Holidays, but this may produce an adverse effect in the future,” he that. “Such low prices show that cattle breeders can’t afford to keep cattle and prefer to butcher them.”

He said that such an excessive supply that exceeds market demand, as a rule, produce an adverse effect.  

The expert said that it is very important to make reasonable shopping amid price hikes - to choose products carefully and to explore the market, particularly to get information about discounts offered by various outlets.

He also advised not to buy short-lived products beforehand or to keep them properly after buying.

16:59 11.12.2013

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