ARMENIA-FOOD PRICES-DEFLATION-AUG

In Jan-Aug 2011 food prices in Armenia dropped by 2.4%. In Aug 2011 they dropped by 1.2%. 

According to the National Statistical Service of Armenia, this drop was due to 13.6-1.5% decline in fruit, vegetable, potato and bread prices. The prices of 6 out of 13 food product groups dropped by 13.6-0.1%, the prices of 5 groups grew by 0.2-1.5%. In 2 groups the prices did not change.

In Aug 2011 as compared with Aug 2010 fruit prices dropped by 5.5%, as compared with July 2011 - by 13.6%. Vegetable and potato prices dropped by 25.7% and 4.9%, respectively. Bread prices grew by 8.4% and dropped by 1.5%, respectively.

Egg, fish, fat and vegetable oil dropped by 0.8 and 0.1%, dairy prices grew by 21.8% and 1.5%, meat prices - by 12.9% and 1.2%, respectively. 

In Jan-Aug 2011 deflation was 0.2%, in Aug 2011 - 0.6%

 

Related articles

Editor's choice
News
Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell tells the European Parliament that the situation in Afghanistan was critical, but the EU will remain engaged

Borrell underlined that the European Union will make every effort to support the peace process and to remain a committed partner to the Afghan people. "Of course, we will have to take into account the evolving situation, but disengagement is not an option.  We are clear on that: there is no alternative to a negotiated political settlement, through inclusive peace talks.
Editor's choice
News
Close race in Presidential election that may determine Poland’s future direction

Close race in Presidential election that may determine Poland’s future direction

Poland’s presidential election has come down to an ideological choice between a liberal pro-European versus a nationalist conservative. They are polling so close that the outcome is impossible to predict in the run-off round on Sunday 1st June. The contest has international implications with US President Donald Trump throwing his weight behind the nationalist candidate, Karol Nawrocki, dangling the prospect of closer military ties if Poles choose him over liberal Warsaw Mayor Rafał Trzaskowski.

Popular

Editor's choice
News
Close race in Presidential election that may determine Poland’s future direction

Close race in Presidential election that may determine Poland’s future direction

Poland’s presidential election has come down to an ideological choice between a liberal pro-European versus a nationalist conservative. They are polling so close that the outcome is impossible to predict in the run-off round on Sunday 1st June. The contest has international implications with US President Donald Trump throwing his weight behind the nationalist candidate, Karol Nawrocki, dangling the prospect of closer military ties if Poles choose him over liberal Warsaw Mayor Rafał Trzaskowski.