Cautious consumer spending leads to this year's Easter holidays in Romania

Business Forum
Consumer spending in Romania has shown signs of caution in the lead-up to the Easter holidays, with fluctuations in the average shopping basket value observed in March, according to an analysis by Footprints AI.

The Romanian tech company, which specializes in retail media and data insights, revealed that spending dipped in mid-March compared to February, but began to recover towards the month's end.

Footprints AI's data, collected from retail chains, indicates that the lowest point in consumer spending was on March 21st, with a 5.2% decrease compared to the previous month. However, a 1.7% rise was noted by March 31st. The company suggests that these fluctuations reflect a trend of Romanians spending less at the start of spring to better manage their budgets for Easter.

"More and more retailers are carefully examining consumer behavior, not only to understand Romanians' preferences for certain product categories but also to streamline their operations across the entire supply chain. At the micro-level, this optimization is reflected in retailers' profitability and, indirectly, in their contribution to the economy. At the macro level, we can say that intelligently used technology can help reduce food waste, an issue that concerns us all equally," said Dan Marc, CEO and co-founder of Footprints AI.  

The analysis also highlighted other consumer trends. There was a significant increase in demand for sun protection products. Additionally, the consumption of ice cream, desserts, flowers, and gardening products saw substantial growth as spring arrived. Essential items like vegetables, fruits, chicken, beer, and snacks remained popular in this period.

RECOMMENDED
BT Property buys Prima Shops Oradea
Real estate

BT Property buys Prima Shops Oradea

The BT Property Alternative Investment Real Estate Fund, managed by BT Asset Management, has purchased Prima Shops Oradea park from Oasis Group, for an undisclosed sum.

CEE retail markets outshine stuttering Western Europe
Real estate

CEE retail markets outshine stuttering Western Europe

The disposable income gap between CEE economies, which are enjoying solid economic expansion, and stagnating Western European countries is narrowing fast. This is buoying consumer spending in markets like Poland and Romania and attracting international and regional retailers to large modern shopping centres that dominate the CEE's shopping and experience landscapes, while also offering higher margins and lower costs, NEPI Rockcastle's latest research concludes.

Romanias main retail street records 9% rent growth
Real estate

Romania's main retail street records 9% rent growth

Bucharest-based Calea Victoriei, the main retail street in Romania, boasts a prime monthly rental level of €60 per sqm, which was 9% higher compared with last year, according to a Cushman & Wakefield report.

Romanias long term retail pipeline reaches 800,000 sqm
Real estate

Romania's long term retail pipeline reaches 800,000 sqm

The retail market in Romania has room for growth, considering that short-to-long term pipeline exceeds 800,000 sqm, consisting of projects under construction or in different permitting stages, which are due to be completed by the end of the decade. 

RECOMMENDED FROM THE HOME PAGE
Industry

Contakt plans CEE expansion

Romanian mobile accessories retailer Contakt has announced plans to expand its national network and venture into CEE markets in a bid to grow the business.

READ MORE
Business Forum  |  17 April, 2025 at 7:11 PM
Business Forum  |  17 April, 2025 at 4:35 PM