Prices, Assoutenti: with war, wheat prices are close to + 40%

Commodities perfect storm the risks behind rising prices

(Finance) – The war in Ukraine has made the prices skyrocket grain, which since the beginning of the conflict have undergone an increase of almost + 40%. Upward trend also confirmed by the data Ismea, and which is affecting other commodities such as corn and soy. He states it Assoutentiwhich today raises the alarm on the retail price lists of a multitude of products sold in Italy, denying with official data the incorrect information made in recent days by some small consumer unions who had denied the possibility of price increases in our country.

“To the increase in the prices of raw materials in progress are added the higher energy costs incurred by production activities caused by expensive bills, and transport costs enormously increased due to the escalation of petrol and diesel – explains the president Furio Truzzi – All factors which, added together, will affect the retail prices of numerous products sold in Italy in the coming weeks, from pasta to bread, passing through crackers, biscuits, sweets ”.

“In this context, they risk becoming part of the various passages of the production chain speculations aimed at exploiting the conflict in Ukraine to immediately adjust the price lists of goods sold in Italy – continues Truzzi – All this could lead to price increases retail prices between 15 and 30% for goods such as pasta and bread, and the Government would do well to heed the official Istat and Ismea data which certify the increases and the warnings of consumers and producers about the upcoming increases in the price lists to the public”.

(Photo: Melissa Askew on Unsplash)

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