Tweet
PRICES GROW ABROAD, THEY GROW IN ARMENIA; PRICES REDUCE ABROAD, THEY STILL GROW IN ARMENIA"
Panorama.am
04/06/2010
Although the international prices of food products reduce, our local
market is by no way influenced by it, former CB President, professor
of YSU Bagrat Asatryan told at news conference today.
"Thus, it doesn't matter whether the prices grow in the international
market or reduce, they surely grow in our market, since our economy
is based on monopolies," former official said.
The economist said our country is to live tougher inflation this year.
The 5,3% inflation recorded during 5 months has burderned food
products.
"On the average basis the prices of rice, sugar and other food
products have been reduced by 15,6%," expert said adding: "When
the prices grow in the international market they grow in Armenia,
but when they reduced abroad the prices again grow in Armenia."
From: A. Papazian
Panorama.am
04/06/2010
Although the international prices of food products reduce, our local
market is by no way influenced by it, former CB President, professor
of YSU Bagrat Asatryan told at news conference today.
"Thus, it doesn't matter whether the prices grow in the international
market or reduce, they surely grow in our market, since our economy
is based on monopolies," former official said.
The economist said our country is to live tougher inflation this year.
The 5,3% inflation recorded during 5 months has burderned food
products.
"On the average basis the prices of rice, sugar and other food
products have been reduced by 15,6%," expert said adding: "When
the prices grow in the international market they grow in Armenia,
but when they reduced abroad the prices again grow in Armenia."
From: A. Papazian