Skip to content
Subscriber Only
Business
Pursuits

Truffle Boom Brings La Dolce Vita Amid Italy Economic Slump

Updated on

Even in the midst of the longest economic slump since World War II, Italian gourmands have something to celebrate: truffles, plenty of them.

Prices for the country’s white truffles, a delicacy from New York to Moscow, have dropped about 37 percent this year as unseasonably heavy rains during the summer spawned a record number of the fungi. They cost about 220 euros ($280 euros) per 100 grams, compared with 350 euros last year and 500 in 2012, according to data from the National Centre for the Study of Truffles.