The Limited Times

Now you can see non-English news...

Inflation: Michel-Édouard Leclerc calls for "transparency" on price increases

2022-04-27T10:04:39.545Z


He calls on the government to open a "commission of inquiry" to verify the various factors of price increases.


Michel-Édouard Leclerc, president of the strategic committee of the E. Leclerc centers, called on suppliers for more "

transparency

" and "

justification

" on Wednesday on the soaring prices of food products, while inflation is breaking records.

"

It's not just the rise in raw materials that explains the price increase that we are being offered

," he insisted on BFMTV / RMC.

Avian flu, shortages of packaging and raw materials, speculation against a background of war in Ukraine... the causes of inflation are multiple according to Michel-Édouard Leclerc, who wants distributors to be clear about the factors driving up prices , arguing that the crisis in Ukraine is not the only reason.

To discover

  • YOUR COMMUNE - The results of the second round of the presidential election in your area

  • Taxes 2022: all about your tax return

Read alsoMichel-Édouard Leclerc: "

We must make quality accessible

"

The wheat has just been sown in Ukraine, it has not yet been harvested... Exporting is complicated by the blocking of Ukrainian ports, but today the price increase is due to anticipation [ commodity prices]

,” he says.

For this purpose of transparency, he calls on the government to open an "

investigation commission

" to verify the various factors of price increases.

Opposed to the Egalim1 law

In addition, the boss of Leclerc, who at the time opposed the Egalim 1 law passed in February 2018, regrets that distributors cannot reduce their margins to less than 10% of the purchase price of food products. .

Going back on this law, even temporarily, "

would allow us to take our margins to reduce this inflation, to spread it out so that there is not a wall of inflation facing consumers

", he had already defended at the beginning April on BFM Business.

Read alsoPurchasing power: Michel-Édouard Leclerc asks for government help to relieve consumers

Food and energy prices, whose rise has been exacerbated by the war in Ukraine, could remain high for several years, the World Bank estimated on Tuesday.

In March, inflation reached a record level since the 1980s in France, at 4.5%.

Source: lefigaro

All news articles on 2022-04-27

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.