YEREVAN, October 3. / ARKA /. Food prices in 2012 September rose by 1.1% when compared to the previous month, driven by higher prices of animal and vegetable oil, bread, vegetables and potatoes which rose form 1.5% to 10.7%, Orakarg (Agenda) daily says.
It says prices of potatoes and vegetables in September 2012 increased by 10.7% compared to August, although when compared to 2011 September, they were down 9.7%. In September 2012 tomato prices, compared with August 2012, hiked significantly by 17.9%, that of potatoes jumped by 19.1%, the price of green pepper surged by 29.6%, the price of green beans skyrocketed by 48.2%, eggplant price nearly doubled.
Unlike in 2011, when the dramatic rise in all agricultural products was due to seasonal factors, in 2012 September a 7 percent rise in bread prices from a year before and a 1.6 percent rise from 2012 August were driven by increasing prices of grain at world market and the national currency, the dram’s exchange rate fluctuations. Although in September the dram strengthened by 0.5 percent it had no impact on the food prices. ($ 1 - 407.98 drams).-0-