Bulgarian food prices reach record highs during pandemic

According to the annual analysis for 2020 of the State Commission on Commodity Exchanges and Markets (SCCEM), wholesale prices of Bulgarian staple groceries saw a year-on-year increase, with the annual averages for most of them being the highest for the period 2015 - 2020.

In fruits and vegetables the list is topped by apricots (56%), apples (39% compared to 2019), oranges and lemons (by 32% and 20%, respectively). However, the price dynamics in the fruits and vegetables is much more diverse and related to their seasonality. Therefore, there are a number of goods whose average price is lower than the previous year, such as onions, potatoes, pepper and cherries.

According to the analysts’ observations, the retail mark-up for foods varied on average between 4 and 39%.

Source: novinite.com


Photo source: Dreamstime.com

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