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Frozen meats, pasta, oil and paper towels now exceed 10% inflation over one year

2022-06-29T06:56:35.959Z


Inflation in stores accelerated further in June, reaching an average of +4.37% over one year. Inflation continues to soar. And continues to be felt on everyday products. Frozen meats, pasta, oil, paper towels and pulses now exceed 10% year-on-year price increases in June, according to the latest figures from panelist NielsenIQ. Read alsoInflation: why the French are not all equal in the face of soaring prices In detail, inflation reached +18.8% on frozen meats (ground steaks, poultry fil


Inflation continues to soar.

And continues to be felt on everyday products.

Frozen meats, pasta, oil, paper towels and pulses now exceed 10% year-on-year price increases in June, according to the latest figures from panelist NielsenIQ.

Read alsoInflation: why the French are not all equal in the face of soaring prices

In detail, inflation reached +18.8% on frozen meats (ground steaks, poultry fillets, etc.), +15.8% on pasta, +11.9% on oil and paper towels and +10.1% on pulses.

Other consumer products are also experiencing significant increases.

Like toilet paper (+9.2%), coffee (+8.7%), eggs (+7.7%), flour (+7.5%) and canned vegetables (+7.5%).

Inflation exceeds 10% over one year on five daily products.

NielsenIQ

On average, over one year, inflation in stores stood at +4.37% in June, according to the specialist firm.

That is 0.8 points more than in May (+3.54%).

Conversely, some products, mainly hygiene and beauty, are less affected by price increases: +0.2% for make-up, +0.8% for deodorant or +1.3% for soap, for example. .

Lower inflation than our neighbors

Moreover, while the government repeats that inflation in France is the lowest in the euro zone, NielsenIQ data on consumer products proves it right.

Over the period February-April 2022, inflation in France stood at +1.9% compared to the same period last year, i.e. the lowest rate of the major European countries studied by the panelist.

Read alsoIn 2022, purchasing power measures will cost 50 billion euros

Year-on-year inflation is now double digits in several Northern and Eastern European markets, and the trend looks set to

stay,” NielsenIQ said.

It climbs to +46.9% in Sweden or +69.4% in Turkey.

Among our neighbours, the rise in prices reached +2.8% in Italy, +5.1% in Germany, +7.5% in the United Kingdom or +7.9% in Spain.

A large majority of products are affected, according to the firm.

More than 8 out of 10 categories show increasing inflation rates over the past 12 weeks compared to 2021, with fresh food, groceries and pet food all showing an inflation rate of nearly +9%

“, he underlines.

Source: lefigaro

All news articles on 2022-06-29

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