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Italy reportedly struggle to broker deal in order to bring down prices of essential goods

This is a bit of a blow to consumer price pressures in Italy. The government had been trying to negotiate an agreement between producers and retailers to cap prices of food and other essential items for Q4 2023. It was meant to be a "decisive blow" to inflation but for the time being, there are no conditions to go ahead with such a deal.Producers are said to be refusing to submit a backing for the proposal and supermarkets do not intend to endorse it without the backing of industries. Well, so m... Read More

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Italy

Reportedly

Struggle

Broker

Deal

Order

Bring

Down

Prices

Essential

Forex

Posted: Aug 3 2023, 07:42

Author Name: forexlive

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