RISE IN PRICES IS NOT SIGNIFICANT?
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[07:40 pm] 04 March, 2009
"Prices are kept up. Only the prices of oil, butter, sugar and petrol
have gone up in the country," says the chairman of the State Commission
on the Protection of Economic Competition (SCPEC), Ashot Shahnazaryan.
The rise in prices is not significant: prices have gone up by 10-12
percent. Only prices of some medicines have gone up by 15 percent.
Ashot Shahnazaryan says no rise in prices is expected for the coming
three months. "In three months prices may go up by 5 percent, no
more. We shall see to it," announced Mr. Shahnazaryan.
Some economic entities availed themselves of the opportunity of panic
and pushed up prices. Many shops enhanced prices following our visits,
and the Commission was forced to revisit them.
Asked what measures the Commission intends to take against them,
Ashot Shahnazaryan said: "Today we shall send them a warning and
tomorrow we shall file a suit against them."
The SCPEC Chairman of the Commission says the exchange offices have
also abused their positions selling a dollar at 400-420 drams.