The peak of inflation is still far from being reached.
In October, the average price of food products was 12% higher than the same month last year.
Inflation is likely to rise further in the coming months.
Distributors and manufacturers fear that a further increase of nearly 10% will be added to this figure, which would bring the price increase to 20% at the end of 2023 since the start of inflation in the spring of 2022. This Thursday, price negotiations begin between distributors and agri-food manufacturers.
They have until March 1 to agree.
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The likely outcome of these discussions, which promise to be more tense than ever, is not encouraging for customers of supermarkets.
They are likely to result in further price increases.
“
In 2022, the negotiations were essentially aimed at passing on the rise in the price of raw materials in prices
, explains Dominique Schelcher, the president of Système U.
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