2023-08-31 14:00:53
Soaring food prices are undermining the purchasing power of the French. Faced with this difficult situation, the Minister of the Economy promised on Thursday that the price of 5,000 references in stores would not increase or decrease. Bruno Le Maire also announced that negotiations between manufacturers and supermarkets for 2024, which normally begin at the end of the year, would be anticipated.
“The objective” of the government is to obtain “price reductions from January 2024”, declared Bruno Le Maire on France 2 following meetings with the actors of the French food chain on Wednesday and Thursday. It ensured a “compulsory and immediate repercussion” of the fall in wholesale prices on the prices on the shelves, which will have to be subject to checks by the Directorate General for Competition, Consumer Affairs and Fraud Prevention ( DGCCRF), a department of Bercy.
The good and bad students of the food industry
The minister also attacked industrialists who, in his view, “might do much more” once morest soaring prices, citing the giants Unilever, Nestlé and Pepsi. On the other hand, he praised industrialists who had “played the game” by announcing price reductions, such as the pasta specialist Barilla or the oil giant Avril, a company whose president Arnaud Rousseau has just taken over as head of the majority agricultural union FNSEA. .
The government, notably through the voice of the Minister Delegate for Trade Olivia Grégoire, announced in April “a visible drop in prices on the shelves” of supermarkets at the start of the school year, but the addition remains painful for consumers. The government hoped that prices might fall following renegotiations between distributors and agri-food manufacturers, who negotiate each year from December until March 1 the conditions of sale for a large part of the products sold throughout the rest of the year. in large areas.
An increase of 11.1% over one year
During the last episode concluded last March, the average price paid by supermarkets to manufacturers rose by 9%. But the price of a number of raw materials has since fallen and the government has called on the various parties to get back around the negotiating table to review the prices.
According to the distributors, very few of their industrial suppliers have played the game of these renegotiations. The main drivers of inflation in recent months, food prices jumped 11.1% year on year in August, a slower rise than in July (12.7%) but still significant, especially since prices had already started to appreciate in August 2021.
1693494500
#Blocking #price #products #early #negotiations
