The Impact of Covid-19 on Food Prices in Romania

Drăcea Lăcrămioara Alina (), Mărăcine Daniela (), Oprea Iulia (), Girip Maria () and Suvorov Nicolae ()
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Drăcea Lăcrămioara Alina: Bucharest University of Economic Studies
Mărăcine Daniela: Bucharest University of Economic Studies
Oprea Iulia: Bucharest University of Economic Studies
Girip Maria: Bucharest University of Economic Studies
Suvorov Nicolae: Bucharest University of Economic Studies

A chapter in Digitalization and Big Data for Resilience and Economic Intelligence, 2022, pp 121-136 from Springer

Abstract: Abstract During the pandemic caused by the SARS-COV-2 virus, the agri-food sector in Romania and Europe suffered due to the consumer market and the restrictions imposed to reduce the spread of the virus. Consumer prices in Romania in 2019 were optimal in terms of consumer price index and so was the aggregate consumer price index. Given the current situation and the obligation to adapt to the new conditions for a good development of the supply and purchase of food products for the population, the questions to be answered are “How has COVID-19 impacted the food market in Romania?” and “How have the prices of agro-food products evolved in Romania?”. These aspects will be the subject of the analysis of this article, which will also discuss other relevant aspects that identify the impact of the pandemic on the Romanian market and the repercussions that followed to combat a food crisis at a national level and a financial crisis among the civilian population.

Keywords: Covid-19; Price; Consumption; Market; Evolution (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:prbchp:978-3-030-93286-2_9

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DOI: 10.1007/978-3-030-93286-2_9

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