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Prices of goods rose again in Armenia ahead of new year festivities

10.01.2017, 16:30
As usual, vendors in Armenia raised prices of food and other goods ahead of  the New Year holidays, Karen Chilingaryan, the head of Center for Consumer Advice NGO, told a news conference today.

Prices of goods rose again in Armenia ahead of new year festivities
YEREVAN, January 10. /ARKA/. As usual, vendors in Armenia raised prices of food and other goods ahead of  the New Year holidays, Karen Chilingaryan, the head of Center for Consumer Advice NGO, told a news conference today.

According to him, the prices of vegetables and exotic fruits raised sharply. ‘Every year, we urge citizens  to make holiday purchases 10-15 days in advance, however, our people are used to making their New Year shopping  on the last day of the year,"  said Chilingaryan.

He said  the price of tangerines increased from 400-600 to 700-1000 drams per kg. "The same thing happened with bananas, pineapple, etc. These price fluctuations have become a traditions," he said, stressing  that the main blame for the unfounded rise of prices lies on business entities and vendors who are trying to get the most revenue.

According to him, in comparison with previous years, the number of customers in local stores decreased. 

"This is primarily indicative of the lowering solvency of  Armenian citizens, as well as the high level of emigration," - added Chilingaryan. He noted that after the holidays, the prices of goods dropped immediately. -0-