Food prices dropped by 0.9 percent in August

Food prices dropped by 0.9 percent in August

YEREVAN, September 7. /ARKA/. Food prices in Armenia’s consumer market dropped by 0.9 percent in August from July, Gurgen Martirosian, head of a department of the National Statistical Service, told a news conference today.

He said prices of industrial goods rose by 0.1 percent, while service prices did not change. According to him, particularly, the price of potato dropped by 9 percent and that of fruits by 3.6 percent.

He also said prices for bakery products rose by 1.3% over the past month, those of meat products by 0.1%, of confectionery products by 1% and of non-alcoholic drinks by 0.4%. Martirosyan also said that Armenia's consumer market in August 2012 saw a 2.5 percent rise when compared to the same period last year.

"Food prices rose by 1.7%, non-food goods by 4.7%. Prices for services increased by 2.2%," he said.

He said from January to August 2012 consumer prices increased by 2.2% from a year earlier.

According to him, food prices rose by 1.5%, those of non-foods by 4%, while prices for services increased by 2.1%. -0-

19:02 07.09.2012

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