Food
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Rise in food prices takes inflation to new high: 8.34%
The rise in food prices underestimated by analysts again, and compounded by the increase in electricity price took annual inflation to 8.34% at the end of April, after a 0.66% monthly increase.
Romanians get 4bn fiscal receipts a year for food and detergents
In Romania at least 4 billion fiscal receipts are issued in hypermarkets, supermarkets, discount stores, and convenience stores alone, according to a ZF estimate based on the number of custo...
Top 5 food retail networks
Germany's Kaufland was the only player in the ranking of the five biggest players in modern food retail to register a profit leap last year, on a market where the crisis ate into companies'...
How much prices of food and beverages have increased after VAT hike
Food and beverages have become 7% more expensive on average after the VAT raise by 5% as of 1 July, shows ZF's food index based on prices in Bucharest's Carrefour and Real hypermarkets.
January consumer spending still in negative territory
Sales on the main consumer goods markets, food, drinks, electrical home appliances, furniture, apparel and cars, where 20 billion euros are generated annually, continued to go down in the fi...
ZF Index: Food prices up, despite falling demand
Prices of food staples have risen by 3% on average in hypermarkets in the past five months (December 2008-May 2009), in the context where retail is coping with shrinking demand after several...
Waning appetite for consumer goods
Food sales on the Romanian market rose by 20% in terms of value in the last four months of 2008 from the same period of 2007, while these products' shelf prices advanced by 17%.
Mougel, Auchan: Food retailers have become the best banking clients
Régis Mougel, CEO and one of the main shareholders of hypermarket network Auchan Romania, says the expansion of modern food retail on the local market is very likely to continue to be funded...
Scandia favours export growth, rather than acquisitions
Canned meat producer Scandia Romana, which invested 30 million euros in a new canned food and cold cuts plant in Sibiu, expects to derive 30 million euro sales from cold cuts alone by 2011....