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.The analysis considered shelf prices of 19 of the best-selling products in hypermarkets. Carrefour and Real are the biggest hypermarket chains on the Bucharest market in terms of the number of stores operated, accounting for around half the hypermarket segment at national level. Data centralised ...

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