Italy's leader signs deal with industry to lower prices of essentials like food for 3 months

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MILAN (AP) — Italian Premier Giorgia Meloni launched a pact Thursday with Italian industry aimed at keeping prices down on a range of essential goods, including food, personal care and baby items, which consumer advocates said could mean billions in savings for families. The experimental program runs from Oct. 1 to Dec. 31 and involves 32 associations that have agreed to discount or maintain a ceiling on the prices of particular items during the three-month period. “I think this is the first tim

on a range of essential goods, including food, personal care and baby items, which consumer advocates said could mean billions in savings for families.

“I think this is the first time that the entire Italian system, from food production to general consumer products, signed a pact with the government to keep prices in the shopping cart under control, to help families, especially those in difficulty," Meloni said. The industry players include supermarket chains, small retailers as well as food and drug producers. Participating stores are expected to signal their participation with stickers in the green, red and white colors of the Italian flag.peaks following Russia's invasion of Ukraine

 

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