Monday, August 13, 2012

Bread Prices Rise In Armenia

The retail prices of bread in Armenia have increased by roughly 10 percent in the last two weeks following a surge in international prices for wheat and other cereals.

Various sized loafs of bread, a key staple food in the country, cost between 100 drams and 180 drams ($0.24-0.44) apiece in most Yerevan shops on Monday. The price rise was primarily felt by low-income Armenians that consumer it in large amounts.

"Bread is now more expensive and it also weighs less," complained one woman. "We used to buy five loafs a day. But we now we buy only three loafs."

"People's condition is becoming unbearable in Armenia," said another buyer at a bread store in the capital.

Armenian News

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