After the COVID crisis, soaring energy prices are forcing us more and more to find ways to save. More and more Belgians are going shopping in France. Some do not hesitate to travel from Brussels. Why are some products cheaper in France?
Wim Van Edom, chief economist at Come on explains that this situation is due to the fact that labor costs are higher. “In Belgium, there are quite a few taxes and excise duties that there are not in France. For example taxes on packaging and sugary drinks” which make these drinks much more expensive in Belgium than in France, he explains on the set of Cisn’t every day Sunday.