Buy and Save
The Institute of Sociology has carried out a price monitoring in the chain stores of Minsk
How It Works
The surveys regularly held by the Institute of Sociology point to a decline in the major parameters of the consumer confidence index in Belarus. This has shaped a different consumer behavior of Belarusians. The difficult economic situation made people more conscious about what they buy, how much they buy and how much they pay. The prices for staple foods and essential commodities top the list of people’s concerns.
Therefore, the Institute of Sociology carried out a research project to compare prices for con-
The Institute of Sociology of the National Academy of Sciences of Belarus has carried out a comparative analysis of consumer prices in the chain stores of Minsk. The analysis has revealed that a family of four will save Br646,570 per month if they do their grocery shopping in Euroopt.
sumer goods in various chain stores of Minsk. The products to be analyzed are included in the consumer goods basket for a family of four adopted by the Ministry of Labor and Social Security of Belarus.
The survey examined prices in eight chain stores: Almi, Bigzz, Vester, Gippo, Euroopt, Prostore, Rublevsky, and Sosedi. Prices were compared across 166 food commodities. If an identical item (the product of the same trademark) was absent from any of the above-mentioned stores, it was substituted by an equivalent product. The survey revealed that the prices in Euroopt were the lowest, therefore its prices were taken as a benchmark for tracking price trends.
According to the survey, monthly four-member household spending on the market basket totals Br2,461.510 in Euroopt against Br3,108,080 in other retail networks. Therefore, a family might save up to Br646,570, or 26.3%, by doing shopping in Euroopt.
The findings disclosed even a more appreciable price difference across certain staple foods. Thus, tinned vegetables in Euroopt are cheaper by 72.2% in comparison with the prices in other stores, olive and sunflower oil by 69.9%, cereals by 65.1%, fruit by 55.1%, tea and