Experts forecast inflation of butter prices. This is what Chairman of the State Commission for the Protection of Economic Competition of Armenia Gegham Gevorgyan said during today’s joint session of the Standing Committees on Economic and Financial-Credit and Budgetary Affairs of the National Assembly of Armenia.

According to him, butter prices are on the rise in the global market again.

“Currently, the price of New Zealand butter has gone up from AMD 4,000 to AMD 6,000. Basically, there might be inflation in two months,” Gevorgyan stated, adding that experts forecast deflation in November.