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5-10% price hikes seen at Armenia's school appliances markets ahead

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  • 5-10% price hikes seen at Armenia's school appliances markets ahead

    5-10% price hikes seen at Armenia's school appliances markets ahead of
    new academic year


    YEREVAN, August 29. /ARKA/. Prices for school appliances leapt 5-10%
    ahead of the start of the academic year, Armen Poghosyan, chairman of
    the Armenian Consumers Association, said on Friday.

    "The prices grew in August 2014, compared with the previous month, but
    in comparison with the same month a year earlier no changes are
    visible," he said adding that prices for flowers surged even 100%.

    He said that the same happens every year in late August due to
    relatively small size of Armenia's market and the lack of control and
    entrepreneurs' marketing policy.

    In his opinion, if entrepreneurs had marketing strategy and warehoused
    goods, then no fuss would be seen in the market and entrepreneurs
    themselves would sell their goods more effectively.

    The expert paid special attention to quality saying that shoddy
    products are abundant in the market.

    "Consumers should appeal to appropriate institutions, such as the
    economy ministry's special agency that controls goods' quality or
    nongovernmental organizations protecting consumers' rights," he said.

    Nongovernmental organizations say expenses for equipping a first-year
    schoolchild with everything necessary for school amount to at least
    $100, excluding sportswear.

    According to the education and science ministry's preliminary figures,
    about 40,000 children will start attending schools in Armenia in 2014.

    Yerevan schools have received some 10,500 applications by August 21. --0---


    http://arka.am/en/news/society/5_10_price_hikes_seen_at_armenia_s_school_applianc es_markets_ahead_of_new_academic_year/#sthash.lO7ycfFQ.dpuf

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