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FALL IN PRICE: NO BUYERS

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Butchers outnumber buyers in GUM, a market in downtown Yerevan. Butchers say they sell 20kg meat a day while this time last year they sold at least 80 kg.


“We are at a loss as we don’t know what to do: to pay for the place, for the animal or to keep a family?” said butcher Arkadi.


“Trading is stagnant today. Sometimes we have to lower the price by 200-300 drams as it is neither macaroni nor pastry to keep for a long time,” say salespeople.


They are surprised that even the fall in meat price doesn’t attract buyers. On the other hand, they understand that the economic crisis has greatly affected people’s budgets.


"We don’t want to lose any client, therefore bear their caprices,” say salespeople. Butcher Vardan says they have no way out. Many go out of business as trading has become slack.


Note that a kilo of pork is sold at 3000 drams, ham- at 2000 and beef -at 1700 drams.