Inflation confirmed as slightly rising by Istat for the month of March 2024, +1.2%. Energy prices fell less (from -17.3 to -10.8%), offset by the growth in transport prices, a seasonal “practice” and also thanks to the growth in petrol prices. Food prices are growing less and the “shopping cart” is “only” at +2.6%.
Nothing dramatic, relatively, given that growth compared to the previous month was +0.4%. But the sign of a trend in which national politics negatively influences and goes hand in hand with the subjective greed of each specific private company.
At first – private companies – any sign of a movement in costs is enough, even the slightest one… which immediately increases well beyond the increases themselves: what reason is there, for example, why the shopping cart should grow by 2.6% in the face of inflation at 1.2%? Pure speculation.
Concerning public greed, think of the increase in petrol: considering that the cost of the raw material increases and the tax component is around 60% of the overall price, the tax component does not remain unchanged, but moves as a percentage of the base price.
Still amid public greed, if the so-called reform of the highway code goes through (as is almost certain) it will lead to violators having to pay a lot, much more money, a system that will not give more safety to our roads but more gaps in the wallets of Italians. Just don’t get fines? Impossible when the authorities use the latter to raise cash.
And how not to include the rubbish of public greed healthcare waiting lists which, in many cases, force patients to turn to private healthcare.
To be added the crazy energy prices due to the so-called transition from the protected market to the free one. Madness due yes to the private managers of the services, but also to the specific Authority (Arera) which, instead of meticulously checking the correctness of the transition between the protected and free electricity market, sanctioning the various pirates who take advantage of it, stands as a champion of the fake savings: riding the wave of some parties who, during the electoral campaign, make people believe that it is possible to easily return from the free market to the protected one (presumably cheaper) (4)… when in fact the transition is practically impossible.
The list of what happens and what will happen is very long. They stop us at particularly current and evident phenomena. With the confirmation of one certainty: prices will continue to grow. On the one hand the fact that the so-called good weather has never stimulated a headwind, and on the other hand the inaction of our institutions and the growth of prices precisely thanks to them. Institutional policies move in only two directions: increasing prices and increasing public debt. The latter, in particular, with seasonal/electoral amnesties which then only weigh on the debt itself.
Here is the video of Aduc’s YouTube channel
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Tags: ADUC Editorial Inflation grows institutional policies
