May 2005


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THE Vivid INDEX

May 2005

Both our Vivid Index data and official government figures confirm that March was a better month for inflation. Significant changes included a big rise in the price of fuel, which has risen by more than 30 per cent in the last year, and an interesting decrease in the price of Coca Cola.

  Price      
Item April 1999 Year ago March April
Salami de Sibiu (1 kg, Mega Image) 92,000 335,100 437,000 409,900
Bananas (1 kg, Piata Amzei) 18,000 45,000 45,000 40,000
Unleaded petrol ( 1 litre, Agip) 7,800 24,900 29,800 32,600
Rail ticket (Bucharest-Brasov, Rapid, first class) 70,000 287,000 345,000 345,000
Coca Cola (330 ml, Mega Image) 4,800 18,400 18,400 16,400
1 Libertatea 1,700 4,000 5,000 5,000
1 Big Mac 18,000 59,000 65,000 65,000
1 Egg (Piata Amzei) 1,000 4,000 3,600 3,600
Cigarettes (Carpati, Ion Slatineanu shop) 4,000 15,000 18,000 18,000
Int. telephone call (1 min., daytime, Europe) 8,900 10,760 9,840 9,840

Monthly nominal change in prices, March 2005: -1.9 per cent (February was 6.8 per cent)
(January was -2.8 per cent)

March 2005 government figure: 0.3 per cent
(February was 0.6 per cent)

Vivid Index, March, year-on-year: 6.1 per cent
(February was 9.5 per cent)

Government figure, March, year-on-year: 8.7 per cent
(February was 8.9 per cent)

2002 inflation: 17.8 per cent
2003 inflation: 14.1 per cent
2004 inflation: 9.9 per cent
2005 target: 7.0 per cent

 

 

 

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