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Inflation: Bruno Le Maire puts pressure on manufacturers to lower food prices

2023-03-20T19:02:59.500Z


DECRYPTION – While inflation reached 14% in supermarkets in February, the rise will continue, with an expected peak in June.


The government is once again stepping up to fight against the inexorable food inflation.

A few weeks after having imposed an “anti-inflation quarter” on the shelves of supermarkets, he draws a new measure.

Its objective: to advance the ebb of inflation by a few weeks.

For now, food prices continue their upward trajectory.

Inflation reached 14% in supermarkets in February.

The rise will continue, with a peak expected in June.

In a report published on Monday, the Banque de France predicts

“increased persistence”

of this inflation throughout the first half of the year,

“could be reinforced”

in the coming weeks.

Read alsoFrom "basket" to "anti-inflation quarter", how the government's initiative turned into a puzzle

On March 1, manufacturers and distributors agreed on the prices they will apply for the coming year.

Their discussions resulted in a price increase of around 10%, which will gradually be reflected on the shelves by the start of the summer.

These annual negotiations are a…

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Source: lefigaro

All business articles on 2023-03-20

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