school supplies could enter the device

2023-05-10 09:28:00

To protect French households from inflation, the government would like to expand the products included in the device set up recently by integrating back-to-school supplies. At the microphone of RTL this Wednesday, the Minister Delegate for Trade, Olivia Grégoire, confirmed that she would make the request to large retailers.

“The crisis profiteers”, a myth of periods of inflation

« Tomorrow I will propose to them to integrate products for the start of the school year for our children. “Assured Olivia Grégoire, who is due to meet distributors tomorrow to discuss the extension of the anti-inflation semester. Bruno Le Maire had already indicated last week that he wanted to extend ” beyond June 15 the “anti-inflation quarter”.

This commercial operation, initially planned to take place between March 15 and June 15, consists in letting the supermarket chains freely choose a selection of products on which they undertake to offer ” the lowest possible price by cropping on their margins.

Three quarters of French people buy school supplies in supermarkets

According to Olivia Grégoire, the ” three quarters of the French » buy the list of school supplies in supermarkets. ” It would be nice if they might make an extra effort for school supplies “, she wished. The “anti-inflation quarter” launched on March 15 “ has its effect ” according to her with prices in the supermarket that ” started to drop ».

« On average for seven weeks, the prices of products from the “anti-inflation quarter” have fallen by 13% in the basket, if it is made up of 100% products from the “anti-inflation quarter” “, she detailed, referring to figures from the DGCCRF. The “anti-inflation quarter” also made “ boost volumes on a number of fresh products which were in the process of collapsing such as meat, fruit, vegetables and fish.

On the other hand, the consumer associations – UFC-Que Choisir, Rural Families and Consumption Housing Framework of Life (CLCV) – are insufficient insofar as the government only ” relying on the good will of large retailers to limit its margins (or claim to do so through purely marketing operations) ».

Pressure on manufacturers and distributors

Beyond the products of the anti-inflation basket, Bercy is trying to resume trade negotiations, stopped on March 1, between large retailers and its suppliers in the agri-food industry to lead to further price reductions on the shelves.

“We will not let the big manufacturers make undue margins or rents on wholesale prices which are falling”, promised Bruno Le Maire at the end of April at the microphone of RMC, before urging the major agrifood groups to “return to the negotiating table with distributors”.

Food should push inflation to peaks at least until June (INSEE)

Two reports have come to warn Bercy of the state of the margins of the food industry. According to the Finance Inspectorate, food inflation, which peaked at 14.9% in March, is explained, among other things, by ” the restoration of margins in the food industry sector in the second half of 2022 ».

(With AFP)