The flooding that devastated Emilia Romagna can result in a very high bill even after literally thousands of miles: in consumers’ shopping carts. The region has large fruit and vegetable productions and many farms. The water has overwhelmed hundreds of producers, large and small, and this could lead to an increase in final prices. Nonprofit consumerism is sounding the alarm.
“The flooding that hit Emilia Romagna will cause a sharp increase in retail price lists in the fruit and vegetable sector over the next few days, and Italian families will suffer as a result. But more generally, ‘climatic inflation’, i.e. the consequences on prices, is against the relevant climate change. , which henceforth risks becoming a new economic emergency in Italy and the rest of the world”, explains the association.
With total agricultural production exceeding €7 billion in 2021, Emilia-Romagna “ranks first in Italy in wheat and sugar beet production and excels in barley, rice, fruit, wine production – explains Consumerismo – A key slice of peaches, plums Most of the apricots, cherries and pears come from the region and we sell them in markets and supermarkets.
According to recent estimates, floods destroyed 40 million fruit trees and destroyed hundreds of herds of cattle, pigs, sheep and goats. President Luigi Gabriele warns President Luigi Gabriele, “A catastrophe that has reduced Italian fruit and vegetable production by around 20% and has a direct impact on retail prices.” peaches, which can exceed EUR 6 per kilo and EUR 6 per kilo, but reduced availability in the Italian market will cause a wave of price increases for the entire fruit and vegetable sector, which may extend to meat, especially pork and sheep. ” .
“In this context, the risk of speculation and unfair increases in retail price lists, even for products from abroad, is very high, so we invite the Government and Mr. Price to monitor food-related market trends with the utmost care”, concludes Gabriele.
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Source: Today IT

Roy Brown is a renowned economist and author at The Nation View. He has a deep understanding of the global economy and its intricacies. He writes about a wide range of economic topics, including monetary policy, fiscal policy, international trade, and labor markets.