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    Categories: 2018

Flour risen in price in Armenia

ARKA, Armenia
Dec 20 2018

YEREVAN, December 20. /ARKA/. The price for a 50-kilogram bag of flour went one US dollar up – from $22 to $23, Zhamanak reports.  

The cereal price rose as well – by 40 cents. 

The media source finds it remarkable that flour and cereal are sold for dollars, not for Armenian drams in a clear breach of the law. 

Remarkable is also that all flour producers increased the prices on the same day and evenly, which gives grounds for suspecting an anticompetitive collusion. 

Although the price for a bag of flour rose by $1, a loaf of bread became more expensive by 10 to 20 drams, i.e. by 2,500- 4,000 drams per one 50-kilogram sack. -0—

Lara Chatinian: