March 4, 2009 - 23:05 AMT
Tigran Sargsyan assured prices will stabilize within next few days
The prices in shops will stabilize within next few days, Armenian Prime Minister said.

"The buying craze was quite predictable. We have witnessed such phenomena many times," Tigran Sargsyan said. "The stock market has already stabilized in some way. Bargains to the amount of $7 million were struck. Everything will flow in the accustomed grooves as soon as the importers clarify their price policy."

"The importers worked under favorable conditions and have enough time for gradual transition to floating rate. Presently, tax officers make an inventory of supply of goods to prevent profiteering," he said, adding that 8% inflation is expected.