Little price drop in sight in the food aisles before September

4/14/2023, 6:30:52 PM

DECRYPTION - The government wants to start the reversal of steam. Wheat and sunflower prices have halved in one year; freight, plastic and cardboard costs have also fallen significantly. And yet, in the food departments of supermarkets, prices never stop climbing. In fact, the inflationary phenomenon that began a year ago under the combined effect of the surge in agricultural raw materials, packaging, energy, transport costs and wages has not yet fully passed on

Wheat and sunflower prices have halved in one year;

freight, plastic and cardboard costs have also fallen significantly.

And yet, in the food departments of supermarkets, prices never stop climbing.

In fact, the inflationary phenomenon that began a year ago under the combined effect of the surge in agricultural raw materials, packaging, energy, transport costs and wages has not yet fully passed on to the shelves. .

Food inflation over one year reached 15% in March, according to INSEE.

And this figure should rise further by the end of May.

To make matters worse, the decline hoped for, due to the reversal of prices, by the executive should not materialize before September.

Read alsoWho are the real losers of inflation in France?

This paradox results from the way Leclerc, Carrefour or Intermarché negotiate the prices of the products they put on the shelves.

This is a French particularity: while negotiation with suppliers is permanent in many…

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