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State Commission Of Armenia For Protection Of Economic Competition I

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  • State Commission Of Armenia For Protection Of Economic Competition I

    STATE COMMISSION OF ARMENIA FOR PROTECTION OF ECONOMIC COMPETITION INFORMS ABOUT CUT IN PRICES FOR PETROL AND FOODSTUFFS

    ArmInfo
    2008-11-21 10:52:00

    ArmInfo. Monitoring of the State Commission of Armenia for Protection
    of Economic Competition revealed cut in prices for a number of
    essential commodities from August 1 to November 15. As the State
    Commission told ArmInfo, the prices for wheat, bread, oil, rice,
    as well as petrol and diesel fuel dropped. In particular, the price
    for a kilogram of prime-grade wheat reduced by 22-25% to 200 drams
    on average, as compared with August.

    The price for a kilogram of oblong rice reduced from 400 - 700
    drams to 350 - 600 drams. The prices for bread also fell by 20%,
    the State Commission reported. The price for the Russian oil came
    down insufficiently - from 850 -1000 to 800 - 900 drams. Moreover,
    representative of the State Commission says, cut in prices for oil
    is not proportional to the world price cutting, as the prices for
    the indicated commodity in the world markets fell by 37% on average
    and by 6 - 10% in Armenia.

    The prices for petrol fell by 23-25% as compared with August. Thus,
    the price for 1 liter of "regular" petrol made up 310 drams, "premium"
    - 330 drams and "super" - 360 drams, while their price in August
    was 410, 440 and 470 drams, respectively. The price for diesel fuel
    reduced from 410 to 310 drams per liter.
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