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Non-Alcoholic Beverage Prices Increase In Armenia

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  • Non-Alcoholic Beverage Prices Increase In Armenia

    NON-ALCOHOLIC BEVERAGE PRICES INCREASE IN ARMENIA

    July 31, 2013 | 17:03

    YEREVAN. - In July 2013, a 5.5-percent hike was recorded, as compared
    to July 2012, and a 2.2-percent rise was registered, as compared to
    June 2013, in the prices of non-alcoholic beverages in Armenia.

    The aforesaid increase is primarily due to the 4.1-6.1-percent rise in
    the prices of mineral waters, informs the National Statistical Service.

    To note, the main reason for this upsurge is the fact that the
    respective businesses now have to attach stamp labels on the bottles.

    These labels do not increase the prices, but they substantially
    prevent shadow turnover.

    Now, the businesses are obligated to legally register the labeled
    product and pay taxes for it, and this has caused the aforesaid
    increase.

    News from Armenia - NEWS.am



    From: Emil Lazarian | Ararat NewsPress
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