FALSIFICATIONS IN FLOUR MARKET

Panorama.am
21:38 14/03/2008

The state committee on economic competition security held a monitoring
in first need goods market and found out that the prices of 10-15
different goods have been increased, in the case of 5-6 the increase
is not so high 0.01-0.02% but in case of the rest 9 types the increase
is for 2-9%.

Today during government session the Minister of Trade and Economic
Development Nerses Yeritsyan and the president of the committee Ashot
Shahnazaryan announced the above mentioned information. According
to him the price rates increase is closely connected with the global
market dictation.

According to Yeritsyan the prices were increased especially in
the markets of bakery by 8-15%, flour 11-15%, oil, vegetable ghee
and rice. Prices of oil, rice and butter are increased in the
international market also, but the ones in bakery and flour are
increased automatically in the local market.

The Prime Minister ordered to examine the market and inform him about
the present situation of price increase.