The state commission on economic competition protection (SCECP) calls on entrepreneurs to refrain from ungrounded rise in prices.

"The situation is under control and the SCECP will react to any change immediately," the commission said in a statement.

During today's meeting, commission chairman Ashot Shahnazaryan ordered to monitor the staple goods market hourly.

"The list of goods includes 40 descriptions against previous 25," Shahnazaryan said.