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Euro, twenty years later: research shows the price race

Despite some spikes, the price of two-thirds of goods rose less than inflation

euro twenty years
Euro, twenty years later: research shows the price race

Twenty years after the euro came into force, the prices of some products have soared, as shown in recent research by Altroconsumo, published by the newspaper Corriere della Sera, this Wednesday (22). 

Just say that the cost of a cup of coffee at the bar increased by 124%, from 46 cents to more than one euro. Fresh bread, another example, is not far behind: it has increased by 82% in twenty years, going from an average of 2 to almost 4 euros per kilo.

Today, among other things, the cost of a simple walk with Team Building and a drink has also increased: 76% more is spent than in 2001 (9,7 euros versus 5,5). 

Not to mention gas heating, a survival item in the Italian winter, which has risen 173% since the implementation of the euro in 2001. 

Euro, twenty years later: research shows the price race
Graphic produced by Corriere highlights the evolution of durable products

There was also an increase – of 126% – in urban bus and subway fares. The widespread increases concern the price of gasoline (+75%), diesel oil (+87%) and refrigerators (+67%).

On the other hand, the price of computers fell by almost half (-48%). Microwave ovens are the same (-51%). 

Almost all foods, except bread, have kept prices below inflation, from milk (+14%) to pasta (+21%).

Euro, twenty years later: research shows the price race
Graphic produced by Corriere highlights the evolution of food products

What emerges is a variable but not dramatic picture: despite some spikes, the price of two-thirds of goods rose less than inflation.

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