#PRICE RISE
Citizens of Armenia are not ready for rise in prices of a long list of essential goods
Citizens of Armenia are not ready to bear the brunt of anticipated rise in the prices of a long list of essentials, effective from January 1, 2020, Marina Arakelyan, director of the Center for Economic Development Initiatives, said at a news conference on Tuesday.Armenian anti-trust agency penalizes local brewery for ‘ungrounded’ rise of price
Armenia’s anti-trust agency has penalized a local brewery –Yerevan Garejoor- in the amount of 110 million drams (about $230,000) for ‘ungrounded rise of price of beer by 30 drams per one liter’ from the year before.Statistical report: 0.8 percent price rise at Nagorno-Karabakh consumer market in December 2015
A 0.8 percent price rise was recorded at Nagorno-Karabakh Republic’s consumer market in December 2015, compared with November 2015, the Nagorno-Karabakh Statistical Service reports on its website.Foods, alcoholic drinks and tobacco product rose 1.9% over one month, while nonfoods and services slid 0.1%.
The year-on-year consumer price index in Nagorno Karabakh stood at 100.2% in December 2015 with foods, spirits and tobacco products showing 98.4% and nonfoods standing at 103.9% and services at 100.6%. --0---
