BackItalian spending changes, cultural spending drops, ready meals boom
Italian spending changes, cultural spending drops, ready meals boom
NEWS
ANSA Economia8 hours agoBusiness2 min readItalyView original

Italian spending changes, cultural spending drops, ready meals boom

Quick Look

  • Over the last ten years, Italians' food spending has increased by 25%, with a boom of 254% for ready meals, while non-food spending has grown by only 8.4%, with significant drops for clothing (-9%), recreation (-16.7%) and tobacco (-4.1%).
  • The increase is mainly due to the increases in raw materials prices, the war in Ukraine and the cost of energy, according to Istat data analyzed by Codacons between 2015 and 2025.

AI-generated summary

Why It Matters

Over the last ten years, Italians' consumption has changed due to new lifestyles and rising prices, particularly evident in the food sector according to Istat data between 2015 and 2025 analyzed by Codacons.

Font size

More ready meals, now almost inevitable for the lunch break and beyond, and less clothing and footwear. Over the last ten years, Italians' consumption has changed profoundly, reflecting new habits, but also absorbing the - growing - trend in prices.

On average, spending on food is now 25% higher than 10 years ago. For food and non-alcoholic drinks, the monthly outlay went from 441 euros per month in 2015 to 552 euros in 2025, equal to an increased annual expense of 1,326 euros per family.

The most significant increase concerns ready meals and food preparations, which in the period recorded a boom of 254%, equal to a greater expenditure of 307 euros per year per household, while on coffee and cocoa families spend on average 67% more (+99 euros per year), and almost +38% for oils and fats (+65 euros per year); for meat and vegetables spending rises by almost 20%, +21% sugar and sweets, +17% milk, eggs and cheeses, +14% bread. Codacons does the math, based on recent ISTAT data between 2015 and 2025.

However, the increase in spending, the association specifies, does not mean that Italians' pantry is fuller today. "The heavy price increases that have affected the food sector in recent years must be considered, including climate changes that have caused the prices of raw materials to skyrocket (from coffee to cocoa), the war in Ukraine which has led to increases in cereals, dairy products and oils, and the high cost of energy dumped on the final price lists to the public".

In fact, in the same period non-food expenditure recorded a much more limited increase of +8.4%: here some items even recorded a decrease. Compared to 10 years, spending for the recreation, entertainment and culture sector decreases by 16.7%, equal on average to a lower outlay of 253 euros per year per family - calculates Codacons - that for clothing and footwear drops by -9% (-125 euros per year), while spending on tobacco and alcoholic beverages is reduced by 4.1% (approximately -22 euros per year). For housing, water, electricity, gas and other fuels, each family spends approximately 11% more (+1,180 euros per year), +10.7% for transport (+341 euros per year). The most substantial increase, however, is recorded for the accommodation and catering services item, for which families spend a third more than 10 years ago (+33.7%, +495 euros per year). "And certainly not because Italians travel more: the tourism sector, thanks to the Covid pandemic and high bills, is among those that have recorded the strongest price increases in recent years", concludes the association.

Open Questions

  • How will consumption evolve in the coming years if inflation persists?
  • What public policies have been adopted to counter the impact of the high cost of living on families?
  • To what extent will climate change continue to influence food commodity prices?

Related Topics

This article was originally published by ANSA Economia.

Related Stories

Extraordinary board of directors of MPS after Intesa's moves
Urgent·

Extraordinary board of directors of MPS after Intesa's moves

Monte dei Paschi di Siena has called an extraordinary board of directors for Monday afternoon to evaluate the new scenario created by the retouching of Intesa Sanpaolo's takeover bid and the opposition of a block of shareholders exceeding one third of the capital, which rejects Luigi Lovaglio's alternative plan based on the double takeover bid on Banco Bpm and Banca Generali and on the extraordinary dividend of 4 billion.

ANSA Economia
1 min read
E-commerce, updated EU guide on customs duties and new management tax: what to know
Developing·

E-commerce, updated EU guide on customs duties and new management tax: what to know

The European Commission has published a document clarifying the new tax rules on goods imported from third countries, introducing a temporary duty of 3 euros on items up to 150 euros in value and a permanent management fee of 2 euros for all remote purchases, with declaration obligations, product identifiers and payment responsibilities clarified for operators and customs authorities.

Sky TG24
2 min read
More on this topicready meals