Staple foods became 20 to 40% more expensive between July 2010and February 2011, shows the ZF index calculated based on prices inBucharest hypermarkets.
ZF selected 15 products whose price it has been following since2008, once every six months, at the same Bucharest hypermarkets,Carrefour Orhideea and Real Afi Cotroceni. These products werechosen because they are most often to be found in Romanians'purchase basket. In the calculation of this index, ZF chose onebrand from each category of products, a brand that is wellpositioned in terms of market share, produced by one of thetop-five players in the category.
Therefore, one kilo of Băneasa flour costs 2.8 lei in February,41.4% more than in July 2010. 1 Kilo of Lemarco sugar now costs4.295 lei, compared with 3.28 lei, an increase of 30.9%. Similarly,the price of Floriol vegetable oil (1 litre) rose over 35%, from5.11 lei to 6.91 lei. Data from the National Statistics Institute(INS) point to a 10.2% price increase for flour in the July 2010 -January 2011 period. Similarly, the increase amounted to 8.1% forsugar.
The only products whose prices fell, of those analysed by ZF,were beer, mineral water, apples, with the decline amounting to6.1%, 0.1% and 12.4% respectively.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
