Italy may have dodged a ‘pasta strike’ but food inflation is still high. Here’s why

Italy may have dodged a ‘pasta strike’ but food inflation is still high. Here’s why

By Anna Cooban, CNN London (CNN) — Italians were supposed to be on a “pasta strike” this week but it was called off after prices for the national staple started to fall. Zoom out, though, and global food prices are still far higher than a year ago, despite precipitous drops in the cost of key raw materials. Assoutenti, an Italian consumer rights group, had accused food producers of profiteering and urged shoppers not to buy any pasta for nine d…

Italy may have dodged a ‘pasta strike’ but food inflation is still high. Here’s why

Concerns have grown that retailers and food producers are deliberately keeping prices high to boost profit margins — claims they strenuously deny. So what gives?

Italy may have dodged a ‘pasta strike’ but food inflation is still high. Here’s why

Concerns have grown that retailers and food producers are deliberately keeping prices high to boost profit margins — claims they strenuously deny. So what gives?

Italy may have dodged a ‘pasta strike’ but food inflation is still high. Here’s why

Concerns have grown that retailers and food producers are deliberately keeping prices high to boost profit margins — claims they strenuously deny. So what gives?

Italy may have dodged a ‘pasta strike’ but food inflation is still high. Here’s why

Concerns have grown that retailers and food producers are deliberately keeping prices high to boost profit margins — claims they strenuously deny. So what gives?

Italy may have dodged a ‘pasta strike’ but food inflation is still high. Here’s why

Concerns have grown that retailers and food producers are deliberately keeping prices high to boost profit margins — claims they strenuously deny. So what gives?