Friday, May 12, 2023

"Italy’s authorities refrain from capping the price of pasta"

From the Financial Times, May 11:

Emergency meeting called after cost of staple food spikes at double the inflation rate

Italy’s authorities have refrained from capping pasta prices and reassured consumers that the market will readjust after the cost of the staple food rose for two consecutive months at double the rate of inflation.

Industry minister Adolfo Urso had called an emergency meeting on Thursday after the unexpected increase sparked public bewilderment and concern about market speculation hurting consumers.

The price of pasta boxes rose 17.5 per cent in March and 16.5 per cent in April compared to the same period last year, according to Italy’s statistics agency Istat, double the national inflation rate which hit 8.8 per cent last month....

....MUCH MORE

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Probably not related:

Fortunately the connected fellow down the strada might be able to hook you up with some low-cost, homemade "Prosciutto". Just don't ask too many questions, it's probably never been near Parma:

"Basta! Romans say enough to invasion of wild boars in city.