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Prices of fruits and vegetables decrease, but that of butter and meat products increase

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08.08.2018
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The prices of fruits and vegetables have decreased this year compared to 2017, but the prices of meat and butter have increased instead, Armen Poghosyan – Chairman of the Consumer Association NGO, told reporters on August 8.

“Compared to 2017, this year the prices of vegetables and fruits overall have decreased by 22%. But the prices of meat and butter have increased. The price of meat increased by 12.4% compared to the last year and by 9.6% compared to the July 2018. The price of butter increased by 36% compared to 2017 and by 34% compared to July 2018”, he said.

Armen Poghosyan said if more than 25% of the family budget is spent on food, it’s a sign of poverty in developed countries. He stated that 65% of the family budget in Armenia is spent on buying food.

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