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The Impact of Covid-19 on Food Prices in Romania

In: Digitalization and Big Data for Resilience and Economic Intelligence

Author

Listed:
  • 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)

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.

Suggested Citation

  • Drăcea Lăcrămioara Alina & Mărăcine Daniela & Oprea Iulia & Girip Maria & Suvorov Nicolae, 2022. "The Impact of Covid-19 on Food Prices in Romania," Springer Proceedings in Business and Economics, in: Alina Mihaela Dima & Mihaela Kelemen (ed.), Digitalization and Big Data for Resilience and Economic Intelligence, pages 121-136, Springer.
    • Handle: RePEc:spr:prbchp:978-3-030-93286-2_9
    DOI: 10.1007/978-3-030-93286-2_9
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