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Food prices in Armenia slip 0.7% in February

06.03.2015, 16:48
Prices for foods in Armenia slid 0.7% in February 2015, compared with the previous month, the National Statistical Service reports.
Food prices in Armenia slip 0.7% in February
YEREVAN, March 6. /ARKA/. Prices for foods in Armenia slid 0.7% in February 2015, compared with the previous month, the National Statistical Service reports. 

This decrease was mainly due to a 3.4-1,1% fall in prices for fruits, eggs, fishery products, vegetables and potatoes, cooking oil and adipose, sugar, bread and bakery products. 

Prices for fruits fell 3.4% in February 2015, compared with the previous month, but rose 4.3%, compared with February 2014. 

Eggs became 2.4% cheaper in February 2015, compared with January 2015, while in comparison with the same month a year before, a 4.3% price rise was recorded. 

Potatoes and vegetables became cheaper as well – their prices dropped 1.9%, compared with January 2015, and 7.7%, compared with February 2014. 

Prices for fishery products fell 1.9% in February 2015, compared with the previous month, and 0.2%, compared with February 2014.  

Vegetable oil and adipose prices slid 1.7%, compared with January 2015, but rose 4.8%, compared with February 2014, sugar prices dropped 1.7%, but rose 9.5% respectively and bread prices slipped 1.1%, but increased 9.6%. 

Prices for meat products went 0.4% up in February 2015, compared with the previous month, and 8% up, compared with the same month a year earlier. 

Confectionery prices rose 3.8% over one month and 11.7% over one year. 

In February 2015, compared with January 2015, prices for dairy products rose 0.1%, spirits 0.2%, soft drinks 0.3% and coffee, eta and cocoa 0.6%. 

Consumer prices in Armenia slid 0.2% in February 2015, compared with the previous month, but year-on-year growth was recorded at 2.3%. In the government budget for 2015, inflation is projected at 4% (±1.5%). --0-----