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Groundless Increase Of Prices In Armenia - Consumers' Association

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  • Groundless Increase Of Prices In Armenia - Consumers' Association

    GROUNDLESS INCREASE OF PRICES IN ARMENIA - CONSUMERS' ASSOCIATION

    ARKA
    Jan 27, 2010

    YEREVAN, January 27. /ARKA/. "There is groundless increase of prices
    for goods and services in Armenia", said Armen Poghosyan, Head of NGO
    "Consumers' Association".

    "There is a process of groundless increase of prices for some goods
    and services in Armenia", said Poghosyan. External factors of price
    increase (situation and tendencies in world markets) are objective.

    Armenia should struggle with internal subjective factors on behalf
    of monopolies, oligopolies and shadow economy.

    Hidden turnover of goods assist in groundless increase of prices. It
    is necessary to control over the turnover of goods and services
    and increase the number of their names. They should reach up to
    500-800 instead of existing 470. In 2009 utility payments increased
    by 116.8% compared with 2008, transport and communication - by 115%
    and entertainment services - by 7.9%.

    "Despite certain deficiencies, it is worth mentioning that there
    is quality increase of a number of goods of local production. For
    example, bakery, confectionery, milk products and beer", said
    Poghosyan. Quality increase in water and gas supply was also
    significant. "There is progress in many spheres except but public
    transport", he said. National Statistic Service of Armenia informs
    that in January-December 2009 inflation on the level of 3.4% was
    registered in Armenia compared with the same period of 2008. In
    December 2009 compared with December 2008 increase of consumers'
    prices by 6.5% was registered. In December compared with November
    2009 inflation of 2% was registered.
    From: Baghdasarian
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