The
Covid 19 pandemic
and the
war in Ukraine
have had a heavy impact, generating negative effects, including the growth of inflation in various product sectors.
As confirmed by the latest Istat surveys, in fact,
the increase in consumer prices reached 8.9% on an annual basis in September
.
This was announced by
Altroconsumo
with its periodic analysis on food prices.
The survey was conducted on
ten types of products
in different points of sale.
The products examined
Under the lens the
prices of pasta, flour, extra virgin olive oil, sunflower oil, sugar, coffee powder, long-life milk and tomato puree, with the addition of zucchini and bananas
.
The results
The analysis
shows that,
compared to the average prices recorded in September 2021, for all 10 product categories
there are
significant increases
between
7% and 61%.
Compared to the previous month
(August), however, there are
signs of stability
and even
price reduction:
in particular
the cost of flour (-1%), pasta (-1%) and extra virgin olive oil (-2%) ,
but above
all coffee (-6%)
and
sunflower oil (-5%
compared to August,
-11%
compared to May)
.
For courgettes and bananas, a comparison was maintained over the year, because the effect of the seasonality of these products makes the comparison between different months and seasons of little relevance.
Assuming that we were shopping with all the products
detected a year ago, we would have spent
on average
€ 20.16
(September 2021)
today we would spend
a total of
€ 24.19
(+ € 4.03).
The increase was 20%.
Specifically, the cost of each item has undergone a considerable variation, starting with sunflower oil: + 61% in one year.
Just think that between March and April 2022 alone, the increase was 36% and prices continued to increase until June.
Only during the summer, there was a first hint of stability and between August and September 2022 the average price of sunflower oil fell by 5%;
compared to before the summer (May 2022) the reduction was 11%.
Product price changes
The price of
00 flour
has grown a lot: + 37% compared to September 2021.
The cost has soared between
May 2021 and January 2022,
registering a + 18%.
Prices rose further between January and May 2022
(+ 13%).
Growth has progressed since May
but at a slower pace: + 6%.
The price of
pasta
has increased by + 26% in one year, but in the last month
the price
turns out
slightly down: -1%.
Despite the increase of + 15% compared to last year, in the last month
extra virgin olive oil
is
slightly down (-2%).
The cost of
beet sugar
is growing: between September 2021 and September 2022 the average price increased by 24%.
The increases began in summer 2021 and intensified during summer 2022. The increase in September was also significant (+ 4%).
Ground
coffee
recorded an increase of + 7% in one year: the growth reached its level in July 2022 (where the price reaches 7.05 euros per kilo).
In the last two months, however, there has been a marked decline.
As far as
UHT milk
is concerned , for several months there have been significant increases in the retail price announced by the increases in prices at origin (farm-gate milk prices) both in Italy and abroad, also caused by the increase in the costs of feed and those of energy.
In the last month, + 3% was recorded between August and September 2022, + 17% compared to before the summer (May 2022) and + 26% compared to a year ago.
Tomato
puree
is one of the products that later underwent price increases that had already affected other products, but now the increases are there: + 3% compared to August 2022;
+ 9% compared to before the summer (May 2022) and + 15% compared to last year.
Although the price of
courgettes
is strongly influenced by seasonality, the prices of September can be compared with the prices of the same month a year ago and there is an increase of 33%.
Until the beginning of the year, the cost of
bananas
had not increased significantly, despite the fact that it is a fruit that comes from afar and on which tensions on the transport front and fuel increases could have affected.
From the first months of 2021, however, the increases have begun and compared to 2021, there is still a growth of 11%.