SCPEC provides data as to where cheap flour is sold in Yerevan

September 7, 2010 - 19:13 AMT

PanARMENIAN.Net - The RA State Commission for the Protection of Economic Competition (SCPEC) has not agreed with the publication of PanARMENIAN.Net according to which the price for flour (AMD 200/1kg) voiced by SCPEC Chairman Artak Shaboyan does not correspond to prices for flour in Yerevan stores.

A PanARMENIAN.Net reporter found out that the price for high-grade flour varies from AMD 270 to 450 per kilogram.

According to a statement of the SCPEC, the price for high-grade flour voiced by Shaboyan was revealed by employees of the Commission due to monitoring conducted not in all retail stores of Yerevan, but only at the following addresses: 33 Abovyan St (Alex Grig) and 61 Artsakh St (Manan Grain).

Meanwhile, the aforementioned companies dominate the import and sales market of wheat flour, securing 81.7% of it. Thus, the prices formed by these companies are more representative.

 Top stories
USD market average rate totals AMD 388,20 Feb 3USD market average rate totals AMD 388,20 Feb 3
The market average rate of USD totaled AMD 388,20 on Feb 2, increasing by 0.89 point compared to Feb 2.
British companies interested in investing in ArmeniaBritish companies interested in investing in Armenia
Armenian Prime Minister: though Armenia has no oil deposits, it has other more important resources such as human capital.
India sends delegation to Iran to up oil exportsIndia sends delegation to Iran to up oil exports
India, Iran's second-biggest oil client after China, buys 12 percent of its oil needs from the Islamic nation.
Libya’s budget deficit to hit $10bln in 2012Libya’s budget deficit to hit $10bln in 2012
Libya had still only recovered a fraction of the $100 bln in assets frozen overseas during the country's bitter civil war.
 Articles
Armenia’s 2012 state budget – ‘social’ or ‘pre-electoral’

The newly-adopted budget doesn’t look reassuring, nor does it prove Armenia’s past the crisis and instability, according to Stepan Safaryan.

 Most popular in the section
Russia imported 25 tons of Armenian cheese in 2011
China's crude-oil imports from Iran up 30%
Russian Railways: EU sanctions against Iran not to affect North-South project
U.S. economy shows 2.8% growth in 2011
Home
All news
Overview: Economy
Archive for September 7, 2010
Other news in this section
 Latest news
Micron CEO Steve Appleton dies in plane crash Appleton’s death i major loss for U.S. memory chipmaker struggling with sluggish computer sales and declining prices.
U.S. Congressmen press Clinton to renounce her recent remarks on Genocide At a recent department-wide meeting, Secretary of State mischaracterized the Armenian Genocide as a “historical debate.”
U.S. Reps. Wolf, Chu commemorate Armenian massacre in Azerbaijan “Between 1988 and 1990, the Armenian population was the target of racially motivated pogroms in Azerbaijan,” Judy Chu said.
Armenian place of worship demolished in Turkey Malatya Mayor Ahmet Çakır gave verbal permission for building the place of worship on orders by Malatya Governor Ulvi Saran.