Current:Home > ScamsItaly calls a crisis meeting after pasta prices jump 20% -Thrive Success Strategies
Italy calls a crisis meeting after pasta prices jump 20%
View
Date:2025-04-13 06:34:24
Consumers in some countries might not bat an eye at rising macaroni prices. But in Italy, where the food is part of the national identity, skyrocketing pasta prices are cause for a national crisis.
Italy's Industry Minister Adolfo Urso has convened a crisis commission to discuss the country's soaring pasta costs. The cost of the staple food rose 17.5% during the past year through March, Italian newspaper La Repubblica reported. That's more than twice the rate of inflation in Italy, which stood at 8.1% in March, European Central Bank data shows.
In nearly all of the pasta-crazed country's provinces, where roughly 60% of people eat pasta daily, the average cost of the staple has exceeded $2.20 per kilo, the Washington Post reported. And in Siena, a city in Tuscany, pasta jumped from about $1.50 a kilo a year ago to $2.37, a 58% increase, consumer-rights group Assoutenti found.
That means Siena residents are now paying about $1.08 a pound for their fusilli, up from 68 cents a year earlier.
Such massive price hikes are making Italian activists boil over, calling for the country's officials to intervene.
Durum wheat, water — and greed?
The crisis commission is now investigating factors contributing to the skyrocketing pasta prices. Whether rising prices are cooked in from production cost increases or are a byproduct of corporate greed has become a point of contention among Italian consumers and business owners.
Pasta is typically made with just durum wheat and water, so wheat prices should correlate with pasta prices, activists argue. But the cost of raw materials including durum wheat have dropped 30% from a year earlier, the consumer rights group Assoutenti said in a statement.
"There is no justification for the increases other than pure speculation on the part of the large food groups who also want to supplement their budgets with extra profits," Assoutenti president Furio Truzzi told the Washington Post.
But consumers shouldn't be so quick to assume that corporate greed is fueling soaring macaroni prices, Michele Crippa, an Italian professor of gastronomic science, told the publication. That's because the pasta consumers are buying today was produced when Russia's invasion of Ukraine was driving up food and energy prices.
"Pasta on the shelves today was produced months ago when durum wheat [was] purchased at high prices and with energy costs at the peak of the crisis," Crippa said.
While the cause of the price increases remains a subject of debate, the fury they have invoked is quite clear.
"People are pretending not to see it, but the prices are clearly visible," one Italian Twitter user tweeted. "Fruit, vegetable, pasta and milk prices are leaving their mark."
"At the supermarket below my house, which has the prices of Las Vegas in the high season, dried pasta has even reached 5 euros per kilo," another Italian Twitter user posted in frustration.
This isn't the first time Italians have gotten worked up over pasta. An Italian antitrust agency raided 26 pasta makers over price-fixing allegations in 2009, fining the companies 12.5 million euros.
- In:
- Italy
- Inflation
veryGood! (663)
Related
- The Grammy nominee you need to hear: Esperanza Spalding
- Sensing AL Central opportunity, Guardians land three ex-Angels in MLB waiver wire frenzy
- 2nd man charged in July shooting at massive Indiana block party that killed 1, injured 17
- 2 students stabbed at Florida high school in community cleaning up from Hurricane Idalia
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Oprah Winfrey and Dwayne Johnson launch People's Fund of Maui to aid wildfire victims
- Prince Harry makes surprise appearance at screening for Netflix series 'Heart of Invictus'
- Meet Merman Mike, California's underwater treasure hunter and YouTuber
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Scientists say study found a direct link between greenhouse gas emissions and polar bear survival
Ranking
- Highlights from Trump’s interview with Time magazine
- Florida Gators look a lot like the inept football team we saw last season
- Philadelphia police find 12-year-old boy dead in dumpster
- How Freddie Prinze Jr. and Sarah Michelle Gellar Managed to Pull Off the Impossible With Their Romance
- North Carolina justices rule for restaurants in COVID
- New York City is embracing teletherapy for teens. It may not be the best approach
- Federal health agency recommends easing marijuana restrictions
- Whatever happened to the case of 66 child deaths linked to cough syrup from India?
Recommendation
Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
EBY's Seamless Bralettes & Briefs Are What Your Intimates Drawer Has Been Missing
Super Bowl after epic collapse? Why Chargers' Brandon Staley says he has the 'right group'
Remains of Army Pfc. Arthur Barrett, WWII soldier who died as prisoner of war, buried at Arlington National Cemetery
Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
Appeals court agrees that a former Tennessee death row inmate can be eligible for parole in 4 years
Judge blocks Arkansas law requiring parental OK for minors to create social media accounts
From conspiracy theories to congressional hearings: How UFOs became mainstream in America