2023-05-07 11:13:46
Invited on the set of BFMTV, the Minister of Economy and Finance spoke of several meetings with players in the large distribution, industrialists or even the governor of the Banque de France to restore purchasing power to the French.
When will prices drop? To this question that a large number of French people have been asking themselves daily for several months, Bruno Le Maire is not yet able to give a firm answer. But the boss of Bercy multiplies the meetings with various actors of the French economic ecosystem to restore purchasing power to the French.
Starting with the actors of the large distribution and the industrialists. “The distributors played the game, he estimated regarding the anti-inflation operations. On each of the products of the anti-inflation quarter, the prices fell by 5 to 10%.” The Minister of the Economy is now calling on manufacturers to “pass on this drop in costs to food prices” and reduce their margins while protecting farmers’ incomes:
“It is imperative to extend the system beyond June 15. We must break the spiral of food prices by the fall, which means having distributors on board but also manufacturers.”
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During his next meeting with distributors, Bruno Le Maire will also discuss the prices at the pump which are particularly high in France compared to its European neighbors. “We have a high tax on fossil fuels in France, he recalled. I would like to make sure that the distributors play the game on the price of fuels. Before putting anyone in question, I would like to have specific numbers.”
On the subject of transport, the Minister of Economy and Finance also had a word on the recent introduction of a monthly offer at 49 euros for unlimited access to buses, metros, local and regional trains across Rhine. He ruled out the possibility of importing a similar device into France when the State plans to inject 100 billion euros into the rail sector over the next few years: “It’s interesting, but look at the cost it represents. It We have to do our best to reduce the cost of the train but going for a reduced fare ticket, I don’t think it’s the right option.
Finally, the boss of Bercy returned to his recent meeting with the Governor of the Banque de France to explore the possibilities of easing the conditions for granting loans by banks. “I will present the outcome of these discussions on June 13 at the next meeting of the HCSF (editor’s note: High Financial Stability Council). I want the French to be able to access credit in the most flexible way possible.”
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