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DEPRECIATION OF ARMENIAN DRAM AFFECTED PRICES - SHABOYAN
18:15 25/12/2014 >> ECONOMY
The sharp depreciation of Armenian national currency substantially
affected the prices of goods in the country, head of Armenia's State
Commission for the Protection of Economic Competition Artak Shaboyan
told reporters after the cabinet meeting on Thursday.
He added that "after the stabilization of the exchange rate, the
prices dropped considerably."
The Commission monitored the markets where major companies operate.
These commodities include sugar, vegetable oil, butter, flour, oil,
dairy products, egg and gasoline. "To study the pricing, the Commission
requested additional information from business entities," he said,
adding that the monitoring continues.
Meanwhile, he said that the Commission is not monitoring the markets
of nuts, meat products and apples, which are competitive due to a
large number of companies.
Source: Panorama.am
From: Baghdasarian
18:15 25/12/2014 >> ECONOMY
The sharp depreciation of Armenian national currency substantially
affected the prices of goods in the country, head of Armenia's State
Commission for the Protection of Economic Competition Artak Shaboyan
told reporters after the cabinet meeting on Thursday.
He added that "after the stabilization of the exchange rate, the
prices dropped considerably."
The Commission monitored the markets where major companies operate.
These commodities include sugar, vegetable oil, butter, flour, oil,
dairy products, egg and gasoline. "To study the pricing, the Commission
requested additional information from business entities," he said,
adding that the monitoring continues.
Meanwhile, he said that the Commission is not monitoring the markets
of nuts, meat products and apples, which are competitive due to a
large number of companies.
Source: Panorama.am
From: Baghdasarian