More than a year after the liberalization of the electricity market and regarding the debates in the public space related to the increase of bills, Reveal Marketing Research carried out a market study on this topic. Which product categories have undergone price changes in the last period compared to the same period last year? Top categories of products that have undergone price changes According to Reveal Marketing Research data, all product categories are now more expensive compared to last year. The top of the price changes is dominated by fuels, the electricity / gas bill and food products as the services that have become more expensive recently (82%). Increases that respondents also recorded were in the case of products for home construction / furnishings (79%), travel / vacations (74%), medicines / supplements (72%) and costs for services such as telephony, internet, insurance, etc. (69%). On the other hand, body hygiene products, clothing and accessories are indicated by a small number of respondents as being more expensive than last year. By gender, according to centralized data, women mostly report that the products that have become more expensive compared to the same period last year are food products (86%), while men consider that the fuel is more expensive now (80%). Millennials without relationships (18-30 years old) and young professionals (25-35 years old) have noticed only a small increase in all the products and services analyzed, while traditional families have noticed more increased prices for all products. The national opinion regarding the price increase of products and services More than half of the people interviewed in this study believe that this year prices will increase the most on the electricity / gas bill (79%), followed by food (74%) and fuel prices (74%). Millennials and young professionals have stated to a lesser extent that they anticipate an increase in the price of all products and services, while adults without a partner (35-55 years old) have stated that they anticipate an increase in the price of most products with significant differences. Regarding the forecasts for more expensive services, respondents believe that electricity services (85%), natural gas (83%) and running water (67%) will become more expensive this year. Product categories with budget discounts In any economic crisis, no matter its cause, consumption gets smaller and people look more closely at prices and the way they spend their money. Therefore, as a result of the continuous price increases for almost all product categories, romanians say that they have started to be more cautious in the purchase of clothing (59%), the costs for fuel and other services – telephony, insurance, etc. – (50%), electronics, computers (49%), travel / vacation (49%). *** About Reveal Marketing Research Reveal Marketing Research is a full-service market research company, specialized in marketing research, sociological studies, customer insight, business strategy and market development. With expertise in over 20 industries, Reveal Marketing Research believes that market research is the basis for the right decisions and brand positioning. Qualitative and quantitative solutions have been helping companies in Romania and Europe for 13 years now.
Some dinners are eaten. Others are remembered. At Corinthia Grand Hotel du Boulevard, the past few months have unfolded like a quiet culinary opera. One by one, Europe’s most celebrated chefs arrived, took over the kitchen of Boulevard 73 and left behind more than menus; they left stories. Now, on December 4, the curtain falls. […]
HORIZON CITY, a €130 million residential project, is emerging as one of the most solid and forward-thinking developments in the Pipera area—both through its scale and through the modern direction it sets for the new residential standards in the north. Developed across nearly 23,000 sqm, with 699 apartments and 926 parking spaces, the project brings […]
Romania’s National Forest Administration, or Romsilva, announced that it is putting over 16,000 Christmas trees up for sale over the winter in a press release published on Thursday, November 27. The trees can be purchased directly from the offices of the forestry districts. Prices range between RON 17 (EUR 3.3) for a spruce...
Lot 3 Pietroasele–Buzău of Romania's A7 highway, also known as the Moldova highway, was inaugurated on Thursday, November 27. The newly inaugurated segment is 13.9 km long. The A7 connects Romania’s historic regions of Muntenia, the southern part of the country, with Moldova, the eastern part. “We are opening another 13 km of the Moldova Motorway […]
The City Hall of Sinaia, a popular mountain town roughly 120 km north of Bucharest, announced that a new attraction, the alpine coaster on Pârtia Nouă, will officially open on December 1. The installation, located in the ski area near the Sinaia Gondola, features what the authorities say is the longest track of its kind […]
The Romanian national team debuted with a victory in Group A of the Women’s Handball World Championship, organized in the Netherlands and Germany. Romania won 33–24 (13–12) against Croatia in the Ahoy Arena in Rotterdam on Thursday, November 27. The Romanian team dominated the match in the second half, left backer Sorina-Maria Grozav scoring 7 […]
