FOOD
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VAT Cut For All Foods Only Solution To Boost Consumption, Retailers And Producers Say
The VAT cut from 24% to 9% for bread has led to an increase of taxed production of flour and bread by 10% and 15%. Under the circumstances, retailers and production companies say that a VAT...
Cold Cuts About 40% More Expensive In Romania In 2012 - Survey
Cold cuts were 38.3% more expensive in Romania in 2012 compared with the previous year, the highest basic foodstuff price increase seen last year, according to a report by the country’s Comp...
Romanian Stores Sold Fewer Romanian Food Products Than Imported Ones In 2009-2012
The share of Romanian basic food products in total sales in stores decreased across the board between 2009 and 2012, except for pork, and the biggest rises in imports were posted by milk and...
IMF: Romania Must Analyze Impact Of Cutting VAT On Bread Before Extending Measure To Other Products
Romania’s government may take a decision on lowering the value added tax on other food products besides bread only after it analyzes the impact of the VAT cut in the bread industry, IMF offi...
Food 24% More Expensive In Romania In Five Years Of Crisis
The price of the ten main food products in the consumer basket went up by 24% during the five years of crisis, with the biggest rises being recorded for pasta (over 50%), chicken (48%) and s...
Romanians Spend Half The Money On Their Cards To Buy Food, Drinks And Cigarettes
Card holders spent 11 billion lei (equivalent to EUR2.5 billion) on food, beverages and tobacco, half the overall amount spent by Romanians using cards.
Romania Is Second Least Expensive Country To Buy Food, Booze In Europe
Food, alcohol and tobacco items in Romania are less expensive than in most of Europe, a survey from the European Union’s statistics arm showed Friday.
Lidl And Kaufland, Food Retailers With Highest Imports
Wafers, cold cuts and the like that retailer Lidl imported last year weighed more heavily in the trade balance than the turbines CEZ bought for its wind farm in Fantanele (SE Romania), the l...
Vlad, Selgros: Romanians Spend More On Food Than Germans Despite Earning Six Times Less
Alexandru Vlad, head of Selgros Romania, said Romanians spend more money on food than Germans do.