Food prices spike in Armenia following talk of social unrest. Will the authorities take action?
Via The Armenian Observer Blog
Sugar prices rose 20% today in most food stores following a 10% price-increase for dairy products yesterday and earlier rises for flour and bread in January.
Prices for natural gas are also set to rise this spring, resulting in a further price rise for a range of related products and services, from food to transportation and utilities.
This comes at a time when the Armenian opposition is talking social unrest, encouraged by revolutions in Egypt and Tunisia.