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Hidden price increase blow on Armenian consumers

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  • Hidden price increase blow on Armenian consumers

    Hidden price increase blow on Armenian consumers

    tert.am
    21:35 - 14.08.12


    A hidden price increase is accompanying the increase in bread prices
    in Armenia, Armen Poghosyan, Chairman of Armenia's Union of Consumers,
    told Tert.am.

    Various technologies are applied. `I have raised the problem hundreds
    of times. We must study the problem, compare the real weight with what
    is indicated in the invoice,' Poghosyan said.

    As a rule, the difference is 180 to 190 grams. Four years ago
    Poghosyan presented results of a survey that showed a 30% loss on
    bread weight. `I do not think the situation has changed since,' he
    added.

    Armenia's State Commission for Protection of Economic Competition
    reported an increase if flour price in Armenia this July as compared
    with June. An AMD 10-20 rise in bread prices was reported as well.

    The manager of one of the flour-importing companies told mass media
    about a 16% increase in flour price in the international market. This
    is the reason why an increase in flour price should be expected in
    Armenia this September.

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