21–30 of 72 posts
https://youtube.com/watch?v=tVo_wkxH9dU
Seriously though, every single thing has been going up in price lately. The inflation is real. Over 50% here, another 50% there and there went our savings
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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.
https://www.sainsburys.co.uk/gol-ui/Product/hubbards-foodsto...
Not saying that it’s equivalent quality to Barilla but it’s definitely much cheaper
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.
Maybe not 0.15 and maybe not half a kilo but a whole kilo for 40p (approx 0.47 euro) is certainly cheap: https://www.sainsburys.co.uk/gol-ui/Product/hubbards-foodsto... Not saying that it’s equivalent quality to Barilla but it’s definitely much cheaper
Barilla 1,6€ https://www.carrefour.it/p/barilla-tortiglioni-n%C2%B083-1kg...
Brand not famous 0,7€: https://www.carrefour.it/p/pasta-reggia-48.-fusilli-1-kg/800...
But the price can be very different if you want a top pasta
So how much of this price rise is genuine demand and how much is a panicky market bulk buying in response to a perceived future shortage? Sounds like we might have a bit of a toilet paper situation here.
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
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> 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
I don't think, because italy produces 70% of its durum wheat, so the price will be influenced but not totally dependent from it.
Apparently in 2008 the price of wheat peaked at twice its current price (https://www.ifcm.co.uk/market-data/commodities-prices/wheat), but the price of pasta hasn’t halved since then.
“Pasta is cheap anyway” is such a privileged point of view.
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Maybe not 0.15 and maybe not half a kilo but a whole kilo for 40p (approx 0.47 euro) is certainly cheap: https://www.sainsburys.co.uk/gol-ui/Product/hubbards-foodsto... Not saying that it’s equivalent quality to Barilla but it’s definitely much cheaper
Cheaper brands also in Italy are sold for 0,50-60€/kg but not the best, that are about 1,5-2€ for a kg Barilla 1,6€ https://www.carrefour.it/p/barilla-tortiglioni-n%C2%B083-1kg... Brand not famous 0,7€: https://www.carrefour.it/p/pasta-reggia-48.-fusilli-1-kg/800... But the price can be very different if you want a top pasta
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…
From the article, that you obviously didn't bother to read:
"Drought and heat continued to hurt the wheat harvest in July in Canada, the world’s biggest supplier of durum wheat, months after a harsh winter hit the Russian crop. Grain shipments from Western Canadian port terminal elevators tumbled 41% in the third week of August from a year-ago, according to a Quorum Corp. report. European crop quality was also hurt by heavy rains over the summer."
It seems that we better apply some lessons from MMT for a fast transition to green energy soon.
For anyone interested in learning more about MMT :
https://www.youtube.com/watch?v=WS9nP-BKa3M
(Presidential Lecture Series: Stephanie Kelton, video)
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Cheaper brands also in Italy are sold for 0,50-60€/kg but not the best, that are about 1,5-2€ for a kg Barilla 1,6€ https://www.carrefour.it/p/barilla-tortiglioni-n%C2%B083-1kg... Brand not famous 0,7€: https://www.carrefour.it/p/pasta-reggia-48.-fusilli-1-kg/800... But the price can be very different if you want a top pasta
Barilla is good but is not the highest quality brand, it is the most famous because of ads. De Cecco is better and slightly cheaper (I checked your link), possibly because they spend less in ad campaigns (and maybe in packaging?).