📺 Stream EntrepreneurTV for Free 📺

Italy Is Facing a Pasta Crisis, Minister of Industry Calls An Emergency Convention Prices of the staple have skyrocketed an estimated 17.5% in a one-year period.

By Emily Rella

entrepreneur daily
Getty Images
Barilla, created in Parma, Italy, is one of the world's biggest pasta producers.

The pasta-bility of a disaster seems imminent in Italy as inflation threatens the nation's pasta industry.

Italy's Industry Minister of Enterprise, Adolfo Urso, has called a crisis convention to address soaring pasta prices, which have increased 17.5% from March 2022 through the end of March 2023.

The commission is run by lawmakers, consumer rights groups, and pasta makers and was created to figure out why pasta prices have doubled Italy's regular inflation rates.

The skyrocketing costs are concerning because the price of durum wheat, the grain that most Italian pasta makers use to create their noodles, has actually decreased around 30% from May 2022 to the present day, so lawmakers are looking for an explanation.

Prices have also varied by region — pasta prices in Siena, a city in Italy's Tuscany region, have increased as much as 58% while more Northern areas like Alessandria have only seen increases under 5%.

Per CNN, a representative on behalf of Urso explained that pasta makers had attributed their higher prices to "the disposal of inventories [of pasta] made when the cost of raw materials was higher" and that the commission was confident after talks that "in the coming months, the cost of pasta will drop significantly."

Supply issues have been a result of the ongoing conflict between Russia and Ukraine, as inflation surrounding raw materials and supply chain disruptions are widespread across Europe, reports said. But consumer rights groups are also blaming corporate greed.

"There is no justification for the increases other than pure speculation on the part of the large food groups who also want to supplement their budgets with extra profits," Furio Truzzi, the president of the consumer rights group, Assoutenti, told the Washington Post.

According to data from Statista, 63% of Italians eat pasta either every day or every other day, with the average Italian consuming roughly 51.8 pounds of pasta each year.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Employee Experience & Recruiting

Feed Your Company Spirit with This $200 Restaurant.com eGift Card That's Only $35

Use it at thousands of restaurants around the U.S.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Living

Show Mom You Love Her with Two Dozen Roses for $25

Rose Farmers is offering a limited-time deal on delivered roses for Mother's Day.

Data & Recovery

Get 500GB of Lifetime Cloud Storage for a One-Time $120 Payment

Boost your bottom line by getting an enormous amount of cloud storage for life without recurring fees.

Green Entrepreneur®

A Deer Invasion in Hawaii Has Turned Into an Environmental Crisis—And a Sustainable Business Opportunity

How Maui Nui Venison built a for-profit harvesting business that protects the land and helps the local community.

Money & Finance

12 Books That Self-Made Millionaires Swear By

The bookshelves of millionaires can inspire you to build your wealth. Here are 12 must-reads they recommend.