Bruno Le Maire puts pressure on manufacturers to lower food prices

by time news

The Minister of the Economy, Bruno Le Maire. François BOUCHON/Le Figaro

DECRYPTION – While inflation reached 14% in supermarkets in February, the rise will continue, with an expected peak in June.

The government is once again stepping up to fight against the inexorable food inflation. A few weeks after having imposed an “anti-inflation quarter” on the shelves of supermarkets, he draws a new measure. Its objective: to advance the ebb of inflation by a few weeks.

For now, food prices continue their upward trajectory. Inflation reached 14% in supermarkets in February. The rise will continue, with a peak expected in June. In a report published on Monday, the Banque de France forecasts “increased persistence” of this inflation throughout the first half, “capable of being reinforced” in the next weeks.

The 1is March, manufacturers and distributors have agreed on the prices they will apply for the coming year. Their discussions resulted in a price increase of around 10%, which will gradually be reflected on the shelves by the start of the summer. These annual negotiations are a…

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