The value of the minimum consumer basket for June, according to Monstat data, was EUR 818.2, which is 9.1 percent more compared to the same period last year.
Of this, 387.1 EUR was related to expenditures for food and non-alcoholic beverages, and 431.1 EUR to expenditures for non-food products and services.
“Expenditures for food and non-alcoholic beverages in June, compared to the same period last year, recorded a growth of 12.7 percent, while expenditures for non-food products and services increased by six percent,” the announcement states.
Monstat also announced that the total value of the minimum consumer basket for April was EUR 806.1, and for May EUR 810.4.
The minimum consumption basket refers to the consumption of the household, which includes food and non-food products and services, which enables the maintenance of life and working abilities of household members.
The minimum consumer basket is in accordance with the minimum recommendations of the World Health Organization (WHO) and the Nutrition Manual of the United States Department of Agriculture in 2010 (USDA Food Guide 2010) on the minimum caloric value of food intake in the amount of 2.21 thousand calories per day per person .
“The value of the minimum consumer basket is based on household consumption survey data and World Bank (WB) recommendations. The value of the minimum consumer basket for a household of four consists of the minimum monthly expenses related to food and non-alcoholic beverages and non-food products and services”, Monstat said.
Average prices in the current month and monthly quantities in kilograms for a household of four are used to calculate the minimum expenses related to food and non-alcoholic beverages.
Consumer price indexes (CPI) are used to calculate the value of a basket of non-food products and services.
