TODAY.AZ / Business

Azerbaijan to monitor markets to prevent artificial price increase on Novruz

07 March 2007 [22:14] - TODAY.AZ
Azerbaijan Economic Development Ministry's Antimonopoly Service will monitor the market in order to prevent artificial price increase on the eve of Novruz Holiday.

The Ministry press service told that the control is aimed to take precautionary measures against the baseless price hike within the legislation.

Analysis proved that the energy price rise in the country could not push the consumer prices up so quickly and so high. Price jump on the eve of holidays is not seasonally motivated, but artificial.

The sellers want to take advantage of the increasing demand on holidays and the prices go sky-high, APA reports.


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