The Limited Times

Now you can see non-English news...

Consumption: a price increase to be expected next year, assures Michel-Edouard Leclerc


Michel-Edouard Leclerc ensures that the prices of festive meals and toys will be maintained for the Christmas period, but that they will increase

Prices should be maintained at Christmas, but not after, warns Michel-Edouard Leclerc.

Guest of BFMTV and RMC this Wednesday morning, the president of the Leclerc stores strategic committee assured that faced with growing inflation, he was committed to maintaining the prices on holiday meals and toys for the coming weeks.

"I am not saying product by product, but the department" in general, he assured.

Read also Food products: inflation is slowly coming back

Whereas, according to him, they "should have started to flare up".

“We contain”, he assured, “it is a commitment that we have made towards our consumers (…).

It is both our interest and the interest of consumers ”.

"If you knew the number of tariff increase requests that we receive," he said, citing in particular the price of pasta, "plus 20%" and oil, "plus 8%".

"Inflation of 4%" by April

"But next year, it will flare up," he said.

"The tariff inflation that happens, we will postpone it, dissect it and dilute it over next year," he promised.

But "the policies (…) will go to the presidential election with an inflation at 4%", assured Michel-Edouard Leclerc on BFMTV.

"As much we will not touch the entire agricultural part of France" - as provided for by the EGalim 2 law, promulgated in October - but "there is a lot of speculation all around raw materials, margin recoveries among large manufacturers and that , we are going to be very rational, we will not let too high inflation go through ”.

Source: leparis

All business articles on 2021-12-08

You may like

News/Politics 2021-11-09T12:43:59.840Z

Trends 24h


© Communities 2019 - Privacy