Basic Bulgarian Food Staples Register Record Price Hike

Business | February 27, 2011, Sunday // 14:52
Basic Bulgarian Food Staples Register Record Price Hike: Basic Bulgarian Food Staples Register Record Price Hike Prices of many food items in Bulgaria continue to climb for several months in a row. File photo

The price of sugar has hit a record high in Bulgaria in February, according to data from the State Commission for Commodity Exchanges and Market Places.

Prices in Bulgaria continue to climb with sugar price up 22% and those of cooking oil and flour – up nearly 7%, in the course of just one month.

Beans, milk products, fish, pork and chicken meat are up from 1% to 2%; cabbage and potatoes - 34% and 20% respectively, cucumbers – 11%.

Prices of rice, some meat products, oranges and lemons are down; the price of eggs remains unchanged.

On annual basis, compared to February 2010, price of cooking oil is up 52% and the price of flour is up 41% - these are the most staggering product price hikes, according to the Commission's data.

Other large annual price increases include sugar, lentils, milk products, fish and chicken meat – between 20%-30% while prices of eggs and hot dogs are down 28% and 8% respectively.

From produce prices – the largest hikes are registered for garlic and potatoes – 60% and 70%; apples, bananas, and cabbage are up 12% to 18%. Prices of citrus fruits, greenhouse tomatoes and cucumbers are down 10%, 4% and 14% respectively on annual basis.

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Tags: prices, State Commission for Commodity Exchanges and Market Places

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