Pizza costs in Italy are skyrocketing

Published 2023년 4월 20일

Tridge summary

Due to the drought in southern Europe, especially in Spain, the largest olive oil producer, prices have surged by 27% leading to a 20% increase in the cost of homemade pizzas in Italy. Inflation is decreasing in Italy, but the cost of groceries, including mozzarella and tomatoes, essential pizza ingredients, is still rising, making it more expensive for Italians to prepare meals. Ready-made pizzas, however, have seen a lower annual increase of 8.5%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Italians pay 20 percent more for a homemade pizza than a year earlier. Due to the drought in southern Europe, olive oil in particular has become a lot more expensive. According to the pizza margherita index of the Bloomberg news agency, olive oil is currently 27 percent more expensive than a year ago. This is mainly due to the drought in Spain, the largest olive oil producer in the world. As in the Netherlands, inflation is falling in Italy. In addition, the energy bill is rising less and less quickly. Nevertheless, the prices of groceries continue to rise, and that hits the Italians hard. Mozzarella, for example, is almost 27 percent more expensive than one year previously. Tomatoes have also become more than 13 percent more expensive. These are not only important ...
Source: Nu

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