The Strategist

Italy convenes special commission to discuss pasta price hikes



05/05/2023 - 03:28



The rapid increase in pasta prices has prompted Adolfo Urso, Minister of Enterprises and of the Made in Italy, to order convention of a special commission for the first time. In March, the prices increased 17.5% compared to the previous year. The commission meeting is scheduled for May 11.



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The National Union of Italian Consumers (Unc) reports that from June 2021, the country's costs for pasta have risen, climbing by 37% during this time. This is attributed to the declining cost of the wheat needed to manufacture this type of pasta.

According to figures by the Institute of Agri-Food Market Services (Ismea), grain imported from non-EU nations has decreased in price by 34.4% since April 2022 and the price of Italian durum wheat has decreased by 28.3%.

One kilogram of pasta now costs more than €2 in Italian regions and provinces, according to research conducted in March by the consumer rights group Assoutenti. Ancona set the record price at €2.44, while Bologna, Genoa, and Cagliari reported high costs as well.

source: reuters.com