Butter price mounting at record pace in Armenia

Fri 24 November 2017 11:17 GMT | 15:17 Local Time

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Butter prices in Armenia show a record growth, Haykakan Zhamanak reported.

The newspaper’s monitoring showed that in supermarkets in downtown Yerevan, butter price surged by 550 drams (around $1.1) per one kilogram, Vestnik Kavkaza reports.

According to the newspaper, the price for one kilogram of Zealand butter was 3,940 drams ($8.14) and for Ankhor butter was 3,980 ($8.22) on October 2, while now these varieties of butter cost 4,490 drams ($9.28) and 4,450 drams ($9.2) respectively.

This means that butter prices went 14% up, ARKA reported.

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