Announcement

Collapse
No announcement yet.

Armenia: Rise In Prices For Butter, Medicine And Domestic Appliances

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Armenia: Rise In Prices For Butter, Medicine And Domestic Appliances

    ARMENIA: RISE IN PRICES FOR BUTTER, MEDICINE AND DOMESTIC APPLIANCES UNJUSTIFIED

    PanARMENIAN.Net
    06.03.2009 15:43 GMT+04:00

    /PanARMENIAN.Net/ The RA State Commission on the the Protection of
    Economic Competition of has registered an ungrounded price increase
    on butter, vegetable oil, medicaments, and household appliances
    in markets, Ashot Shakhnazaryan, head of RA State Commission on
    the Protection of Economic Competition said during the briefing in
    Yerevan. Administrative investigations will be conducted against a
    number of entrepreneurs who have increased the prices. We have received
    a lot of complaints from the citizens regarding the price increase
    for these very goods. For instance, we learnt that the medicament
    importers, by mutual consent, decided to raise the prices by 25% at
    once. The State Commission on the Protection of Economic Competition
    will proceed with the monitoring for another two weeks and the list
    of negligent entrepreneurs will be handed over to the Committee on
    State revenue .This body will take care of the law breakers within
    its power, Ashot Shakhnazaryan emphasized.

    As the head of the Commission assured there are no grounds
    for panic. We observe how the dollar rate is gradually falling:
    350-360drams per $1.Tomorrow already the consumers will notice the fall
    in the prices on petrol and diesel fuel, remarked Shakhnazaryan. At
    the same time he emphasized that Armenia is a country of free economic
    competition, and the price increase on staple food products may be
    related to the price changes in international markets.
Working...
X