The Limited Times

Now you can see non-English news...

Food manufacturers demand further price increases from distributors

2022-05-11T19:24:36.351Z


They are fighting to pass on their soaring costs and revise the agreements reached at the end of February. FMCG players are engaging in a similar fight. Stepped up, the government convened two meetings on Thursday.


Bis repeated

.

Two months after painfully concluding their annual price negotiations with the purchasing centers of large retailers, the food and consumer products (PGC) manufacturers are once again on a war footing.

Their puzzle: to pass new price increases.

To discover

  • Taxes 2022: all about your tax return

Since the invasion of Ukraine by the Russian army at the end of February, they have been faced with a new spike in their costs, in addition to that caused at the end of 2021 by the strong post-Covid recovery.

With the war and the sanctions, no position is spared, starting with agricultural raw materials: cereals, oils, butter, coffee, sugar... The other costs are also soaring: energy, packaging, logistics, labor, with a quadrupling of certain bills (gas, transport, etc.).

Read also

Food negotiations: manufacturers accuse supermarkets of not playing the game

The equation is untenable, according to the food industry.

And all the more so since in March, they had only been able to pass on half of their negotiated rates for 2022...

This article is for subscribers only.

You have 85% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for 1€ the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All business articles on 2022-05-11

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.