ITALY RETAIL COFFEE SALES GROW, DESPITE INFLAITON AND WEAK ECONOMIC GROWTH
October 12th, 2022
Times might be tough in Italy, with annual inflation at 9.4% (in September) and sluggish growth of 2.5% projected for 2022 (OECD data), but Italians are drinking more coffee, including supermarket sales for home-brewed drinks.
In 2021, Italian roasted mass market retail coffee sales exceeded EUR1.3 billion overall, said IRI, up 1.1% year-on-year, driven by the single-serving pods and capsules and grains segments. Meanwhile, in the first six months of 2022, roasted coffee sales in the mass retail channel exceeded EUR700 million, a pro-rata increase over 2021, ...
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