The Limited Times

Now you can see non-English news...

Little price drop in sight in the food aisles before September

2023-04-14T18:30:52.450Z


DECRYPTION - The government wants to start the reversal of steam. Wheat and sunflower prices have halved in one year; freight, plastic and cardboard costs have also fallen significantly. And yet, in the food departments of supermarkets, prices never stop climbing. In fact, the inflationary phenomenon that began a year ago under the combined effect of the surge in agricultural raw materials, packaging, energy, transport costs and wages has not yet fully passed on


Wheat and sunflower prices have halved in one year;

freight, plastic and cardboard costs have also fallen significantly.

And yet, in the food departments of supermarkets, prices never stop climbing.

In fact, the inflationary phenomenon that began a year ago under the combined effect of the surge in agricultural raw materials, packaging, energy, transport costs and wages has not yet fully passed on to the shelves. .

Food inflation over one year reached 15% in March, according to INSEE.

And this figure should rise further by the end of May.

To make matters worse, the decline hoped for, due to the reversal of prices, by the executive should not materialize before September.

Read alsoWho are the real losers of inflation in France?

This paradox results from the way Leclerc, Carrefour or Intermarché negotiate the prices of the products they put on the shelves.

This is a French particularity: while negotiation with suppliers is permanent in many…

This article is for subscribers only.

You have 79% left to discover.

Want to read more?

Unlock all items immediately.

TEST FOR €0.99

Already subscribed?

Login

Source: lefigaro

All news articles on 2023-04-14

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.