Italy’s inflation hits 5.4%, outpacing the U.S. and China, as a farmers’ revolt empties shelves of pasta and mozzarella

In Italy, inflation surged to 5.4% in October, outpacing the United States and China, while farmers staged a revolt against rising food costs. Tens of thousands of people marched through streets in over 50 cities during a general strike called by the grassroots union USB. Farmers joined forces with truck drivers, students, and taxi drivers, protesting against perceived favoritism towards military spending.

Amidst the turmoil, Istat reported that energy prices in Italy rose by 31.4% year-over-year, leading to long lines for gas and diesel in Naples. People resorted to unconventional modes of transport, such as riding horses in the city. The crisis primarily impacted the regions that produce Italy's renowned food products. Supermarket shelves in Naples emptied due to a lack of fresh pasta, cheese, and meat.

The blockade disrupted the supply chain, causing a loss of approximately €3 million in mozzarella production alone. Farmers have been protesting for a month, blocking roads, ports, and fuel depots in response to the soaring costs of running a farm. The government approved a €175.2 million aid package for those affected, totaling €540 million in tax credits.

However, critics argue that the aid is insufficient and was merely returning money the government had already allocated. The protests highlight the growing divide between the north and the south of Italy, with the latter regions bearing the brunt of the food shortages and price hikes.