Food prices are squeezing Europe. Now Italians are calling for a pasta protest

By Colleen Barry | AP Business Writer

MILAN—When it comes to skyrocketing pasta prices, Italians are crying: Basta!

They have had enough after the cost of the staple of every Italian table soared by twice the rate of inflation. One consumer advocate group is calling for a weeklong national pasta strike starting June 22 after the Rome government held a crisis meeting last month and decided not to intervene on prices.

used to make pasta.

Stores and suppliers have been accused of profit-padding “greedflation,” but economists say retail profits have been stable and the problem comes down to the higher cost to produce food.

Feeling the pressure, some governments in Europe have capped prices on staples or pushed for agreements with grocery stores to bring down costs, something that’s popular with the public but can actually make food prices worse.

of levies has ramped up. Following the Guangxi street-parking uproar last month, city authorities in Jiangsu, Inner Mongolia, Zhejiang, and Shandong also started cracking down on expensive parking fees. In February, then-Premier Li Keqiang called on provinces to “resolutely put an end to arbitrary fees” and fines at a cabinet meeting.

The levies are unlikely to make a meaningful difference to the shortfall in local finances. Still, excessive fines will probably remain a feature as provinces are left to shoulder their own problems, said Zerlina Zeng, senior credit analyst at CreditSights Singapore LLC.

“As fines and other regulatory burdens kill off the SMEs, local governments would further lose tax income, become even more reliant on fines, and dependent on transfers from central and other upper-tier governments,” Zeng said.

She added: “This could be detrimental to the local business environment and result in a vicious cycle in weak regions.” With assistance from Fran Wang, Yujing Liu, Yihui Xie and Colum Murphy / Bloomberg

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“The macaroni strike is to see if keeping pasta on the shelves will bring down the prices, in the great Anglo-Saxon tradition of boycotting goods,” said Furio Truzzi, president of the group, Assoutenti. “The price of pasta is absolutely out of proportion with production costs.”

Grocery prices have risen more sharply in Europe than in other advanced economies—from the US to Japan—driven by higher energy and labor costs and the impact of Russia’s war in Ukraine. That is even though costs for food commodities have fallen for months from record highs, including wheat for the flour

Shoppers like Noée Borey, a 26-year-old picking up groceries at a chain store in Paris, said she is all for setting ceilings for some food to help low-income workers and students. She buys less meat and opts for less expensive grocery stores.

“Inevitably, all the products I buy have gone up by 20 percent, whether it’s butter or berries,” Borey said. “I’m not buying cherries anymore because they cost 15 euros a kilo” (about $8 a pound).

The French government reached a three-month agreement with supermarket chains for them to cut prices on hundreds of staples and other foods, which is expected to be extended through the summer.

Britain—where food inflation has reached 45-year highs—is discussing a similar move.

Countries like Hungary, with the highest food inflation in the European Union, and Croatia have mandated price controls for items like cooking oil, some pork cuts, wheat flour and milk.

The Italian government says it will strengthen price monitoring by working more closely with the country’s 20 regions but won’t impose such limits.

Spain has avoided price controls but abolished all value-added tax on essential products and halved tax on cooking oil and pasta to 5 percent.

The measures come as food banks are seeing soaring demand in some countries.

“Things are not getting better, they are getting worse for people,” said Helen Barnard of the Trussell Trust, a charity that operates more than half of the food banks in the United Kingdom.

Spending much more to buy essentials like milk, pasta and fresh vegetables to “top up” donations received from supermarkets is a struggle for Anna Sjovorr-Packham, who runs several community food pantries serving discounted groceries to some 250 families in south London.

“While the demand from families hasn’t gone up hugely, the cost has, and that’s been really difficult to support,” she said.

Prices for food and non-alcoholic drinks have actually fallen in Europe, from 17.5 percent in the 20-country euro area in March to a still-painful 15 percent in April. It comes as energy prices—key to growing and transporting what we eat—have dropped from record highs last year. But economists say it will be many months before prices in stores settle back down.

In comparison, US food prices rose 7.7 percent in April from a year earlier, 8.2 percent in Japan and 9.1 percent in Canada. They hit 19 percent in the UK. AP reporters Sacha Bianchi and

A10 Tuesday, June 13, 2023

Ex-SBMA chair Eisma gets leadership award again

By Henry Empeño Correspondent

OLONGAPO CITY— Former Subic Bay Metropolitan Authority (SBMA) Chairman and Administrator Wilma T. Eisma received yet another recognition for leadership after being cited two months ago for steering the Subic Bay Freeport out of the Covid-19 pandemic.