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Next Previous Dinos Mitsidis: Pasta prices are 10% higher HOME • INSIDER • CYPRUS Pasta prices are 10% more expensive
The war in Ukraine has pushed up the costs of companies, which, no matter how much they want to absorb the accuracy, is no longer possible, Mitsidis's President and CEO told ACTIVE, announcing a 10% increase in pasta in the coming days./b>
“Unfortunately we have reached a point where we can not absorb the cost. Most of the accuracy comes from cereals, which in addition to the 2021 increases, which had doubled since the start of the war in Ukraine, prices jumped by 40% – 50% higher. We are forced to set our prices “, Mr. Mitsidis explained. & Nbsp;
He assured that an effort is being made by his own company, to keep the increases as low as possible. On the other hand, he said that spaghetti remains the cheapest food, as a half-kilo package can be a family meal, with minimal costs, less than two euros.
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