Tomato and Cucumber Retail Markups Reach 150% in Bulgaria
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Tomato and cucumber retail markups reach 150% in Bulgaria
Retail markups for tomatoes and cucumbers in Bulgaria have reached between 130 and 150 per cent, according to data from the Confederation of Independent Trade Unions in Bulgaria (CITUB). The country's small consumer basket increased in price by 8.6 per cent year on year, while almost one-third of…
We consistently see markups above 60-70%. However, anything above that – we're talking about cucumbers and tomatoes, which are 130-146% – is 100% speculative.
Mark-ups of 130% to 150% for tomatoes and cucumbers, 60-70% for packaged basic foods and Bulgarian flour, which in the same retail chain turns out to be more expensive than German and French. This is shown by the latest observations of the Confederation of Bulgarian Trade Unions on the prices of basic food goods. The union reports that the small consumer basket has become more expensive by 8.6% on an annual basis, while nearly a third of househo…
The prices of basic food items continue to rise. The small consumer basket has risen by 8.6% year-on-year, the latest data show ...
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