Mercoledì, 19 Settembre 2018

Consumer group says families face soaring food bills


(ANSA) - Rome, September 3 - Italian families returning
from their summer vacations are facing a huge blow, with prices
rising sharply in almost every sector, especially food, consumer
association Codacons said Monday.
"According to our estimates, the reopening of the shops and
businesses (after the August break) is accompanied by a general
increase in prices, by an average of 5% on consumer products,
with peaks up to 10% for those goods closely linked to the
prices of fuels," said Codacons president Carlo Rienzi.
These increases amount to an average annual hike of 550
euro per family on food spending alone, he said.
Higher fuel prices and rising taxes are driving increases
in consumer costs throughout the supply chain, he noted.
The result will be lower consumer spending as families are
forced to cut back, even on traditional Christmas spending, said
Consumer organizations are planning to protest against
higher prices on Sept. 19 with a one-day 'shopping strike', when
they will also call on governments to intervene by lowering VAT
and fuel taxes.

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