French Supermarket Price Drops: What Products Are Affected and What to Expect

2024-01-12 19:34:00

Several products sold in supermarkets and loved by the French will soon see a price drop. Here are the people concerned!

It has been several years now since inflation continues to wreak havoc in France. But this year, a price reduction should finally take place on certain products sold in supermarkets. Good news for households.

Inflation expected to decline

On January 31, commercial negotiations will take place between manufacturers and distributors. Thus, everyone must agree on the prices applied to food products.

Please note that some are expected to experience a drop in prices. In any case, this is what the bosses of large stores have recently assured. For his part, Bruno Le Maire had also spoken on the subject.

The Minister of the Economy revealed that he was convinced that there would be no further rise in prices. Indeed, he said: “I am sure that certain prices will fall”. On the other hand, you will still have to be patient.

And for good reason, this drop will take place in the coming weeks. Please note, however, that it concerns many products. This is particularly the case for butter, oils, poultry and other meats sold in supermarkets.

The boss of E.Leclerc supermarkets, Michel-Edouard, promised that there would be other reductions on other items. This is particularly the case for coffee, flour, pasta but also pizza. So good news.

A drop in prices on many products

It must be said that all these products purchased in supermarkets are very popular with the French. They put all these items in their basket when shopping. Fortunately, they will experience a drop in prices.

It will still be necessary wait for the end of commercial negotiations between manufacturers and distributors to find out more on the subject. The CEO of Système U supermarkets had already predicted a decline for many products.

Dominique Schelcher had also indicated that the price of chips should also see a drop. In an interview with RMC and BFMTV, the Leclerc boss gave more details on this subject.

He explained: “Toys, textiles, everything that comes from far away, from Asia and Oceania, will decline because the container prices have been divided by three or four“. But that’s not all.

According to him, we should not lose hope on another drop in prices for other food products purchased in everyday life. He says he “does not despair of winning the price battle”.

“It would be a great victory”

One thing is certain, department store bosses remain very optimistic regarding a drop in prices. Furthermore, they hope that inflation will finally fall following two very difficult years.

Michel-Edouard Leclerc revealed: “For 2024, we will have between 2.5 and 3%. It would be a great victory.” Last Thursday, INSEE also shared data on the evolution of food prices.

The organization reveals that prices will continue to slow down. INSEE also thinks that inflation will be at 2.6% in June 2024. You will still have to be patient before knowing more on the subject.

There is no doubt that this drop in prices will please consumers. And for good reason, many households will finally be able to breathe. Thus, their budget will no longer be impacted as much as in 2024. This news will surely be easier to live with for the French. To be continued !

Victoria Bernard

Graduated from a major journalism school and I also have a diploma in aperitif preparation. I love writing and especially for Tuxboard, the team is really great and the subjects are very varied even if I prefer to write regarding the media and also fashion trends!

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