“Haykakan Zhamanak”: Prices of Bread and of other Products are Rising

International prices of grain are rising again.
According to information of mass media of RF, yesterday the price of the fourth sort grain reached to 8900 rubles, breaking new historical record. Just 2-3 days ago it cost 8100-8300 rubles. And just a week ago grain of this sort cost 7100 rubles per ton.
Rise in the price of grain in Russia is explained by drought in the American continent and by the fact that less harvest of grain is expected this year in RF (85 instead of 94 tons). Price of French grain which is the main competitor to Russian grain in international market, has also risen to 235 euros per ton. During a week the price rose by 15 percent.
According to the experts, rising of prices of meat and of other meat products are going to follow. 10 percent rise in the price of grain leads to 3.5-4 percent rise in price of meat products. It’s not difficult to predict that in the future prices of bread and of other products are also going to rise in Armenia.