More than half of Italians have to cut back on food and heating because of rising prices

https://sputniknews.com/20221124/over-half-of-italians-have-to-save-on-food-heating-due-to-galloping-prices-1104662309.html

More than half of Italians have to cut back on food and heating because of rising prices

More than half of Italians have to cut back on food and heating because of rising prices

ROME (Sputnik) – More than half of Italians have had to reduce the amount or quality of food they buy and start saving on heating and electricity due to… 24.11.2022, Sputnik International

2022-11-24T15:20+0000

2022-11-24T15:20+0000

2022-11-24T15:20+0000

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Inflation has seriously damaged household budgets, leading 52% of Italians to cut their spending on food or opt for lower quality products, the survey found. For people with lower incomes, this figure has risen to 60%. Alcohol and confectionery products have been given up by 44% of Italians. Almost 40% of people have chosen not to buy sausages, fish and meat. Due to the high prices, a third of Italians can no longer afford baby food. More than 60% of respondents believe that the situation will not change in 2023. Coldiretti’s president, Ettore Prandini, stressed that the challenges faced by households directly affect businesses, leading to higher costs. He specified that 13% of farms were forced to close, while 34% of farms are still running at a loss due to high prices. Europe’s energy crisis has also taken its toll on Italy, the study said. According to the survey, 50% of Italians use electric stoves less often or not at all, the same goes for 35% of owners of gas stoves. The percentages are higher among the poor, at 54% and 51% respectively. In addition, the survey showed that 55% of Italians no longer use the heating as often as before. Electrical appliances, including irons, fans, washing machines and vacuum cleaners, are also turned on less often. In August, Russia cut off gas supplies to Europe through the Nord Stream pipeline, citing Germany’s reluctance to return a gas turbine to Russia after maintenance. In late September, underwater explosions severely damaged the pipelines of the Nord Stream network in the Baltic Sea, making future deliveries impossible until repair work is completed. Reduced Russian gas supplies and other export disruptions due to Western sanctions have led to rapid growth in inflation and energy prices in the European Union, affecting millions of households in all member states.

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food prices in italy now, cost of living crisis in europe, prices in europe, italians are saving on food, how sanctions affect europe, how sanctions affect the eu,

food prices in italy now, cost of living crisis in europe, prices in europe, italians are saving on food, how sanctions affect europe, how sanctions affect the eu,

ROME (Sputnik) – More than half of Italians have had to reduce the amount or quality of food they buy and start saving on heating and electricity due to rising prices, according to research from the national association of farmers Coldiretti and the socio-economic studies center Censis.

Inflation has seriously damaged household budgets, leading 52% of Italians to cut their spending on food or opt for lower quality products, the survey found. For people with lower incomes, this figure has risen to 60%.

Alcohol and confectionery have been abandoned by 44% of Italians. Almost 40% of people have chosen not to buy sausages, fish and meat. Due to the high prices, a third of Italians can no longer afford baby food.

More than 60% of respondents believe that the situation will not change in 2023.

Coldiretti’s president, Ettore Prandini, stressed that challenges faced by households directly affect businesses, leading to increased costs. He specified that 13% of farms were forced to close, while 34% of farms are still operating at a loss due to high prices.

Prandini added that three million Italians must now apply for food aid, use soup kitchens for the poor or receive free food stamps.

The energy crisis in Europe has also taken its toll on Italy, the study said. According to the survey, 50% of Italians use electric stoves less often or not at all, the same goes for 35% of owners of gas stoves. The percentages are higher among the poor, at 54% and 51% respectively.

In addition, the survey found that 55% of Italians no longer use their heating as often as before. Electrical appliances, including irons, fans, washing machines and vacuum cleaners, are also switched on less often.

In August, Russia cut off gas supplies to Europe through the Nord Stream pipeline, citing Germany’s reluctance to return a gas turbine to Russia after maintenance. In late September, underwater explosions severely damaged the pipelines of the Nord Stream network in the Baltic Sea, making future supplies impossible until repair work is completed.

Reduced Russian gas supplies and other export disruptions due to Western sanctions have led to a rapid rise in inflation and energy prices in the European Union, affecting millions of households in all member states.

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