Price

Panic buying and panic selling appear to be one of the reasons behind the sharp increases in house prices in the secondhand market, an expert has said.

Coffee is sold 4-6% more on the shelves of supermarket chains, while in restaurants there have been increases ranging from 5% to 20%. However, individual professionals, especially in the region, have raised prices by up to 33%.

Manufacturers are sounding the alarm over the increase to costs of new building construction, due to the recent price hikes in building materials.

People with knowledge of the situation talk about an average increase of 10% which in some cases can even exceed 15%, expressing their anxiety about the future and the way things are going.

Industrial producer prices, domestic and non-domestic market, increased by 11.8% in Romania in June 2021 y-o-y, according to data published on Tuesday by the National Institute of Statistics (INS). In June 2021, industrial producer prices, total, domestic and non-domestic market increased by 2.1% on a monthly basis.

Family budgets are burning and from the threat of a generalized wave of price increases that is beginning to be felt in the Greek market.

The prices of industrial production (internal and foreign market) increased by 7.9 pct in April 2021 over the similar interval of the previous year, shows the data published, on Wednesday, by the National Institute for Statistics (INS). At the same time, compared to March 2021, in April, industrial production prices increased by 1.2 pct.

Food prices in Bulgaria are the highest for the last 5 years. Prices of most products have risen to a record high during the pandemic, data from the State Commission on Commodity Exchanges and Markets show.

According to an analysis of Bulgarian Properties in 2020, the Sofia realty market remained stable and without significant price changes. It was strongly supported by the behavior of banks that did not stop lending and there has been even an increase in the volume of newly granted home loans by nearly 11% in the first 10 months.

Fruit and vegetable producers now have the option - under certain conditions - of selling their produce at open-air markets in different regions to where it is cultivated, according to a ministerial decision published on Wednesday in the Government Gazette.

Industrial producer prices (for both domestic and non-domestic markets) in Romania increased by 2.9% in February 2020, y-o-y, according to data released by the National Institute of Statistics (INS) on Thursday. According to INS, the February 2020 industrial producer prices (for both domestic and non-domestic market) decreased by 0.9% on a monthly basis.