Davide Chiantore on the Rise of Wheat Price

Davide Chiantore, Head of Research at Abalone Solitaire, comments on the current increase in wheat prices and describes the consequences on Italian and foreign markets. The food sector is expected to remain under pressure for a long time and it is impossible to return to the raw material costs of a few years ago. This scenario has inevitable repercussions on consumer spending and, more generally, on the volume of consumption.