ARMENIAN PRIME-MINISTER INSTRUCTS TO CONTROL PRICE RISE
ARKA
Feb 28, 2008
YEREVAN, February 28. /ARKA/. Armenia’s Prime-Minister Serge Sargsian
instructed the respective state agencies to maintain control over
rise in prices on the country’s markets.
He reminded the country’s Minister of Trade and Economic Development
and the Chairman of the State Commission for Protection of Economic
Competition of their obligations to conduct daily monitoring of price
rise. If needed, prompt measures are to be taken to prevent extra
price rise, the Prime-Minister said.
According to the official statistics, prices rose 4.4% on the
food market of Armenia in January 2008 (as compared with December
2007). Annual inflation made up 10.3% for foodstuffs in January.
According to the Statistical Service, the January inflation on
"vegetables and potatoes" group averaged 16.2%-46%; rise in prices for
fish products was 11%, for pork – 11.3%, beef – 1%. Price for mutton
reduced 0.5%. In January 0.3-1.7% rise was recorded in prices for
bakery goods, confectionery, nonalcoholic beverages, dairy products,
eggs, coffee, tea and cacao.