“Mamma mia” - many Italians shouted when they saw the high prices for pasta. The case is so serious that the crisis team will deal with it.
The rise in bread prices that began in Poland at the end of 2021 forced the government to take action to stop this trend. After all, rising prices for basic foodstuffs can lead to popular anger and take people to the streets, which is not what any government wants.
Crisis headquarters will talk about pasta
In Italy, too, they are nervous, but not because of the price of bread, but because of pasta, different varieties of which form the basis of the diet.. The Ministry of Industry said the value of Italian pasta rose 17.5% year-on-year in March despite falling wheat prices. In stores you have to pay more than 2 euros per kilogram.
On May 11, a crisis headquarters meeting will be held in Rome, chaired by the government-appointed inflation watchdog, Rzeczpospolita reports. A new “watchdog” made up of competent authorities and industry and consumer associations will monitor unusual price changes.
Zero VAT on food in 2024? The Prime Minister does not rule out
In Poland, we have a chance to avoid higher prices for basic foodstuffs, as zero VAT on foodstuffs will be maintained until the end of the year. Deputy Finance Minister Artur Sobon even hinted that the zero rate “may stay with us longer.” On Saturday, Prime Minister Mateusz Morawiecki was asked if there was a chance to extend it for the whole of 2024. He did not rule out such a scenario.
“This is a very serious relief, I do not exclude that we will extend it for another year, but these decisions will be made in due time, since we will have accurate data on the inflation rate for this year, as well as a forecast for the next year,” he said. He.
Source: Wprost
I am George Brown, author at Daily News Hack. I mostly cover economy news and I have been doing this for quite some time now. I have a lot of experience in this field and I’m always looking for new opportunities to learn more.
