Statistical service: 1.8% food price rise in Armenia in November 2013

Statistical service: 1.8% food price rise in Armenia in November 2013

YEREVAN, December 4. /ARKA/. Prices for foods in Armenia rose 1.8% in November 2013, compared with October 2013, Gurgen Martirosyan, chief of the National Statistical Service’s price unit, said Wednesday at a news conference. 

This price rise was mainly due to increase in prices for fishes (3.3%) and vegetables and potatoes (22%).

“In six of 13 food groups growth ranged between 0.1% and 22%, while in five groups prices slid 0.1-0.5% in November, compared with October,” he said. “Prices in other groups remained unchanged.” 
Compared with November 2012, prices for vegetables and potatoes rose 7.5%, and compared with October 2013, they leapt 22%. 

Fruits became 0.6% cheaper in November 2013 than in October 2013, but their prices rose 1.9%, compared with the previous year’s November. 

Martirosyan said sugar prices shed 16.9% in November 2013, compared with November 2012, and slipped 1.5%, compared with the previous month. 

Prices for meat products went 3.7% up in November 2013, compared with the same month a year before, but remained almost unchanged, compare with the previous month. 

He stressed that egg prices climbed 30% in November 2013, compared with the same month a year earlier, and rose 0.1%, compared with October 2013. 

Prices for nonfoods rose as well – they went 0.5% in November 2013, compared with October 2013.  
Prices for detergents rose 0.5%, textile 2.2%, shoes 0.2%, clothes 0.7%, construction materials 1.4% and kitchen appliances 0.4%. 

Instead, prices for gardeners’ goods became 0.7% cheaper in November 2013, compared with the previous month, office appliances 1.1% cheaper and household appliances and electronics 0.4%.  
Jewelry prices remained unchanged. 

Martirosyan added that year-on-year inflation stood at 5.8% in Jan-Nov 2013, and the 12-month inflation averaged 6.6%. 

In the 2013 government budget, inflation is projected at 4% (±1.5%)..----0----

19:33 04.12.2013

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