Italians spending less on groceries – report ...News

Economy by : (Russia Today) -
The government has failed to tame food inflation, data shows   Measures taken by the Italian government to stem rising food prices have proved ineffective in the fourth quarter, data published by the National Consumer Union (UNC) on Monday showed. The report revealed that in November, fresh fruit saw the sharpest price increase of 4.4% compared to the previous month, followed by olive oil, which surged by 3%. Butter and pastry prices rose by more than 2% on a monthly basis. “The data points to a failure of the anti-inflationary quarter. There were virtually no discounts on fresh fruit due to extremely volatile an

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