Élisabeth Borne wants “concrete, tangible price reductions” by the end of June

2023-04-27 08:00:57

Inflation continues and affects supermarket baskets. To limit the damage, the government expects “industrialists to be able to pass on these reductions in raw materials in the prices they offer to large retailers”, explained Elisabeth Borne on Thursday. The Prime Minister thus wishes “concrete, tangible reductions” in prices “by the end of June”, asking manufacturers and large retailers to “reopen negotiations” in order to “pass on” the “reductions in materials first “, she explained on France 2.

“The government has mobilized to deal with the energy crisis, to support the French in the face of soaring energy prices. It’s tens of billions of euros, 46 billion euros this year, to protect the French once morest soaring energy prices, ”recalled the head of government.

15.9% increase in March

“Then we asked the distributors (…) to protect the purchasing power of the French by taking on their margins. This is the anti-inflation quarter. Now, we expect manufacturers to be able to pass on these reductions in raw materials in the prices they offer to large retailers, “continued the Prime Minister, while over a year, food prices continued to rise. accelerate, climbing 15.9% in March (following 14.8% in February).

Each year, the supermarkets negotiate with their suppliers the conditions under which they will buy from them, for the coming year, their production which will fill the shelves of the stores. The latest negotiations, completed on March 1, painfully resulted in an average increase of some 10% in the prices paid by supermarkets to manufacturers, to take into account the increase in their production costs (energy, transport, materials raw materials, packaging, etc.), according to the two camps. “I want to be honest, food prices, it’s going to be tough until the end of the summer. The key is that work pays better,” replied Emmanuel Macron in an interview with readers of the ParisianSunday.

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