Inevitable price increase it needs to be jointly managed

In the Food & Beverage sector, in view of rising energy costs and the pandemic impact on logistics, price increase is inevitable, but it must be jointly managed with the Italian government. This was said by Ivano Vacondio, Federalimentare’s president. At the same time, increases are not linked to rising demand, but to other factors since sales are basically steady and far from profitable.
The risk is a strong market downturn with serious consequences for companies, especially those that are less structured and, in general, on employment with further reductions in the purchasing power of consumers.

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