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Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

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Re: Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

#2
Italian here. I don’t see this price increase at the moment. Anyway going from 2-3€/kg to 2,3-3,6€/kg wouldn’t make big difference. Pasta is already very cheap. Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021.

Re: Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

#3

Italian here. I don’t see this price increase at the moment. Anyway going from 2-3€/kg to 2,3-3,6€/kg wouldn’t make big difference. Pasta is already very cheap. Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021.

> The shortage is already having an impact on production costs and will lead to retail price increases before Christmas

Article suggests pasta price increase may kick in over the next few months.

Re: Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

#4

Italian here. I don’t see this price increase at the moment. Anyway going from 2-3€/kg to 2,3-3,6€/kg wouldn’t make big difference. Pasta is already very cheap. Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021.

> The shortage is already having an impact on production costs and will lead to retail price increases before Christmas Article suggests pasta price increase may kick in over the next few months.

Yes I read, I wanted to say that anyway pasta is quite cheap, so you can’t feel the difference like on the petrol/diesel price in example.

We already have a lot of prices increase from coffee (from 0,9€ to 1,2€) to a glass of wine (from 1€ to 1,20/30€), and a lot of other Italian typical foods that are hurting us.

Anyway the price of pasta can be already different in Italy, south is cheaper. I hope this would not coming in winter or starting in 2022, but we’ll see what will happen.

(Fortunately we don’t eat pasta at Christmas dinner =] )

Re: Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

#5

Italian here. I don’t see this price increase at the moment. Anyway going from 2-3€/kg to 2,3-3,6€/kg wouldn’t make big difference. Pasta is already very cheap. Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021.

> Anyway going from 2-3€/kg to 2,3-3,6€/kg wouldn’t make big difference.

The article shows that durum wheat prices have increased by more than 50%.

So assuming that the dominant factor in the price of pasta is the price of wheat, the price rise would be more like going from 2-3€/kg to 3-4.5€/kg

Re: Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

#6

Italian here. I don’t see this price increase at the moment. Anyway going from 2-3€/kg to 2,3-3,6€/kg wouldn’t make big difference. Pasta is already very cheap. Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021.

Wow. Just a few Kms across the Mediterranean, Pasta sells for around 0.29€/kg. Also, this is the "favorite?" food for people who have tight incomes, so they might be very sensitive to these changes.

> Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021.

It's only a matter of time it spreads to the rest of the basket. I guess the pro-MMT folks are hiding now.

Re: Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

#7
post #6

Italian here. I don’t see this price increase at the moment. Anyway going from 2-3€/kg to 2,3-3,6€/kg wouldn’t make big difference. Pasta is already very cheap. Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021.

Wow. Just a few Kms across the Mediterranean, Pasta sells for around 0.29€/kg. Also, this is the "favorite?" food for people who have tight incomes, so they might be very sensitive to these changes. > Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021. It's only a matter of time it spreads to the rest of the basket. I guess the pro-MMT fol…

A Barilla box usually is about 0,8-1€ but half a kilo in Italy. There’re cheaper brands but also more expensive.

I don’t think you will find a box of 0.5kg of pasta at 0.15€ in Europe. Maybe you’re getting confused between a box (half a kilo) and a kilo of pasta.

Re: Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

#8
post #6

Earlier quoted context omitted.

Wow. Just a few Kms across the Mediterranean, Pasta sells for around 0.29€/kg. Also, this is the "favorite?" food for people who have tight incomes, so they might be very sensitive to these changes. > Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021. It's only a matter of time it spreads to the rest of the basket. I guess the pro-MMT fol…

A Barilla box usually is about 0,8-1€ but half a kilo in Italy. There’re cheaper brands but also more expensive. I don’t think you will find a box of 0.5kg of pasta at 0.15€ in Europe. Maybe you’re getting confused between a box (half a kilo) and a kilo of pasta.

No I meant Tunisia, which is quite close to Italy.

Re: Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

#9
post #8

Earlier quoted context omitted.

A Barilla box usually is about 0,8-1€ but half a kilo in Italy. There’re cheaper brands but also more expensive. I don’t think you will find a box of 0.5kg of pasta at 0.15€ in Europe. Maybe you’re getting confused between a box (half a kilo) and a kilo of pasta.

No I meant Tunisia, which is quite close to Italy.

Oh okay but is not Europe =]

Re: Italy Braces for Pasta Inflation Amid Soaring Durum Wheat Prices

#10
post #6

Italian here. I don’t see this price increase at the moment. Anyway going from 2-3€/kg to 2,3-3,6€/kg wouldn’t make big difference. Pasta is already very cheap. Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021.

Wow. Just a few Kms across the Mediterranean, Pasta sells for around 0.29€/kg. Also, this is the "favorite?" food for people who have tight incomes, so they might be very sensitive to these changes. > Instead I see the inflation rising in the fruit and vegetables prices! There’s a 25-30% increases since the beginning of the 2021. It's only a matter of time it spreads to the rest of the basket. I guess the pro-MMT fol…

Based on the article, it seems that the rise in grain price is closely linked to difficult weather conditions across key grain farming areas.

Do you have any data to suggest that modern monetary theory is a more important factor here?

Edit: maybe that's not what you're suggesting, anyway, still curious.

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