Bruno Le Maire threatens once again to publish the names of industrialists who do not play the game

2023-06-06 10:11:47

By Le Figaro with AFP

Posted
5 hours ago
,
Update 4 hours ago

New negotiations with manufacturers should take place in the coming days. EMMANUEL DUNAND / AFP

The Minister of the Economy also congratulated the distributors who have extended the “anti-inflation quarter” operation until the end of the year.

Economy Minister Bruno Le Maire on Monday asked food manufacturers to speed up negotiations to lower prices, while congratulating distributors for extending the operation.trimestre anti-inflation” until the end of the year. Negotiations with manufacturersdon’t go fast enough“, estimated the minister on France 5, adding that”certain industrialists, certain large industrial multinationals play the clock», and recalling that the 75 largest food manufacturers have undertaken to reopen trade negotiations with distributors. “To date, there are two or three who have done it», According to Bruno Le Maire, quoting the distributors. “I will bring together the agro-food manufacturers and the representatives of the distributors in the coming days“, announced the minister, specifying that if negotiations did not open before June 15, they would not have “no effect on prices in September and October».

The rise in consumer prices rose to 5.1% in May over one year, but that of food products amounted to 14.1%. “Before the end of June, I will publish the list of all the agro-food industrialists who played the game and the list of the agro-food industrialists who refused to return to the negotiating table and who did not want to lower retail prices while wholesale prices are falling“, explained Bruno Le Maire. Moreover, “we will use the tax tool to search the margins of the large industrialists, which are high and are recovering, for the prices that they did not want to give to consumers during the trade negotiations in the spring», at-il having you.

Bruno Le Maire also greeted the distributors “who have all agreed to extend until the end of 2023 the operation of the anti-inflation quarter which was to end on June 15“. Since March 15 and for an initial period of three months, most distributors have committed to selling a selection of products to the “lowest possible price“, formula leaving them a great freedom of maneuver.