Istat has released the final data relating toinflation In Italy in June. In general, the trend of the last few months continues, which has brought theincrease in prices around 2%a level considered adequate by the experts for a healthy economy. On a monthly basis there was an increase of 0.2%, on an annual basis of 1.7%.
However, there are some of the most common consumer goods in our country to tow the growth. It is above all food: fruit, vegetables, butter and coffee, all products that do not follow the normal oscillations of inflation and which, for several months, have been continuing to increase in price very quickly.
Inflation in Italy in June
The price increases in food in Italy continued even in June. According to data released by Istatthe non -processed goods belonging to this category are among those that have contributed most to the increase in the prices of the last month, contrasting the slowdown in energy and the flexion of durable goods.
If, on average, this has led to a healthy increase towards 2%, the continuous rise in the prices of food assets is starting to create problems in the less wealthy population bands, in which the food expenditure weighs more as a percentage of families’ finances. Among the increases, the most significant are;
- Coffee (+24.8%);
- cocoa (+21.3%);
- chocolate (+12.9%);
- tomatoes (+7.4%);
- eggs (+7.2%);
- fresh fruit (+7.2%);
- cheeses and dairy products (+6.3%);
- ice cream (+4.6%).
Because food prices continue to grow
Inflation has been in fact stable in Italy for many months and from 2024 it has varied very little. This, it must be remembered, it means that prices are continuing to risebut in a low and predictable way. The rate has remained between 1.5 and 2% for more than a year, but the food are exception, reaching over 4%.
Food is among the assets whose prices change more quickly and more unpredictable. A feature that is called volatilityand which depends on how much the chain behind the production of the food is fragile. The crops can be compromised by a single natural event. The transport of food, which must be quick, is easily put at risk by wars.
Cocoa and wheat They are two recent examples of why food prices rise so much. Unpredictable natural events have destroyed cocoa plantations in Africa, on which a large part of world production depends, increasing costs and therefore prices. The war in Ukraine instead made difficult for the country, among the major wheat producers in the world, to export crops for years.
The Assoutenti alarm
The Assouttent consumer association estimated 320 euros per year for one family with two children the increase in expenses for the purchase of food. The President of the Association, Gabriele Mellusosaid:
Food lists continue to grow in Italy, to the point that those not processed mark an increase of +4.2% on year. Some products continue to record astronomical increases. A trend, that of food, which has continued for months now, and which is worsening with the increase in demand for the typical summer assets.
The association asked the government to pay more attention to the prices of these assets, above all because of the impact they have on the finances of the less well -off families.
