WHAT IS THE REASON FOR THE INFLATION OF SOME PRODUCTS IN ARTSAKH?

In the period from September 2020 to May of this year in Artsakh, an increase in the average prices of 26 products was registered and deflation of 2.

According to the Public Services State Commission for Regulation of Economic Competition, 29 consumer goods were considered in the post-war period.

As a result, the main non-seasonal inflation was registered for sugar, flour, lentils, rice, buckwheat products sold by imported economic entities that do not have a dominant position. In some cases, the inflation of these products was up to 27.2%. The Public Services and State Commission for Regulation of Economic Competition clarified that these markets are competitive, there are no dominant economic entities.

Inflation of sold chicken eggs, oil, compressed gas, gasoline, diesel fuel and dairy products was registered in the case of dominant economic entities. Inflation for some products was up to 79.7%.

In order to find out the justification of inflation, the Commission applied to the dominant economic entities to submit relevant information, on the basis of which studies were conducted.