{"id":150099,"date":"2022-11-15T14:30:32","date_gmt":"2022-11-15T13:30:32","guid":{"rendered":"https:\/\/www.monaco-tribune.com\/2022\/11\/inflation-monegasque-retailers-forced-to-raise-prices\/"},"modified":"2022-11-15T14:46:19","modified_gmt":"2022-11-15T13:46:19","slug":"inflation-monegasque-retailers-forced-to-raise-prices","status":"publish","type":"post","link":"https:\/\/www.monaco-tribune.com\/en\/2022\/11\/inflation-monegasque-retailers-forced-to-raise-prices\/","title":{"rendered":"Inflation: Monegasque retailers forced to raise prices"},"content":{"rendered":"\n

Like their French neighbours, Monegasque retailers have been confronted with inflation for several months. Monaco Tribune went to see them.\u00a0<\/strong><\/p>\n\n

It is after 1pm. The staff at the Maison des P\u00e2tes<\/a> are busy in the middle of the Condamine market’s hubbub. The restaurant, which is known for its delicious fresh pasta, still has many customers lining up, despite a recent price increase. For manager Ornella, flour is the main root cause. It’s price has gone up “<\/i>by about 35%”.<\/p>\n\n

So, of course, that has an impact on the menu. Dishes that cost \u20ac8.50 have increased to \u20ac9, the \u20ac9.70 dishes have gone up to \u20ac10 and the \u20ac10.70 dishes now cost \u20ac11… An increase for the consumer of between 5 and 10%. <\/p>\n\n

3 euros to 3.50 euros for a scoop of ice cream<\/h2>\n\n

Same verdict at Santo Gelato, a famous artisanal ice cream parlour located on the Place d’Armes.\u00a0“In addition to milk, pistachios and hazelnuts, all our products that use flour have been impacted. That means our cones, our biscuits, our biscuit-based iced products, and our iced panettone, which is a flagship Christmas item for us”, says manager Sofia Stampfl. “We have seen a 35% increase in costs for the panettone, but we aren’t passing the same percentage increase on to our customers. To give you an example, the small one has gone up from 18 to 20 euros.”<\/p>\n

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Une publication partag\u00e9e par Santo gelato (@santogelatomonaco)<\/a><\/p>\n<\/div>\n<\/blockquote>\n