Food Prices in May

In May 2023, compared to May 2022, there was a 2.1% decrease in food and non-alcoholic beverage prices in the republic, and a 4.1% decrease compared to April 2023.

According to the Statistical Committee of the RA, the price of buckwheat decreased by 21.4% in May 2023 compared to May 2022, lentils by 18.4%, flour by 10.4%, peas by 10.4%, rice by 7.8%, pasta by 4.1%, bulgur by 3.6%, beans by 3.0%, and groats by 2.8%. Compared to April 2023, the decreases were 2.8%, 3.8%, 3.2%, 3.4%, 1.5%, 1.6%, 2.5%, 0.9%, and 0.5%, respectively.

In May 2023, compared to May 2022, there was an increase in bread prices by 0.2%, fresh milk by 5.4%, and cheese by 7.8%. Compared to April 2023, there were decreases of 1.4%, 0.4%, and 1.8%, respectively.

The prices of margarine, butter, and poultry decreased by 6.8%, 2.9%, and 0.9% in May 2023 compared to May 2022, while compared to April 2023, the decreases were 1.2%, 1.2%, and 0.3%, respectively.

The price of eggs increased by 18.9% in May 2023 compared to May 2022, with a 0.8% decrease compared to April 2023.

According to statistics, the price of sunflower oil decreased by 36.5% in May 2023 compared to May 2022, and by 4.1% compared to April 2023.

In May 2023, compared to May 2022, lamb meat prices fell by 0.7%, pork by 9.5%, while compared to April 2023, they increased by 0.1% and 3.4%, respectively.

In the group of sugar and sweeteners, a 6.6% decrease was recorded in May 2023 compared to May 2022, while there was a 1.6% increase compared to April 2023.

In May 2023, there was an 8.6% increase in tobacco products compared to May 2022, and a 2.2% increase compared to April 2023.

In the group of vegetables, a 22.3% decrease was observed in May 2023 compared to May 2022, and a 19.7% decrease compared to April 2023.

In the group of fruits, the prices increased by 2.4% in May 2023 compared to May 2022, while there was a 4.6% decrease compared to April 2023.

In May 2023, the average weighted price decrease of fruits and vegetables compared to April was 13.09%. The aforementioned product groups, which represent a 9.38% share in the consumer basket, contributed to a total decline in the general level of consumer prices by 1.17 percentage points during the referenced period.