2023-07-05 13:15:57
Ready to take public opinion, and consumers, to witness. The Minister of Economy Bruno Le Maire threatened this Wednesday morning to disclose the names of companies that do not lower their prices, while an ebb in inflation has begun. “A number of prices have started to fall, this should accelerate during the month of July”.
“Today everyone started to play the game, it was a difficult showdown. Distributors did a good job right from the start with the anti-inflation quarter. The manufacturers were a little harder to convince but they got started, ”continues Bruno Le Maire on RMC and BFMTV. Except… except “four or five major groups”, multinationals covering different sectors, food, hygiene and cleaning products, which “do not play the game”, still not, although they have the kidneys solid, and whose names he could reveal “next week” to twist their arm.
Last May, Le Maire had already threatened to give names. Olivia Grégoire, Minister Delegate in charge of SMEs, had summed up with an expression heavy with meaning: “name and shame”, “say and shame”. The stakes are all the greater since, in a note published on June 26, the International Monetary Fund (IMF) claimed that “earnings account for 45% of the rise in prices since the start of 2022” in the euro zone. Nearly half of inflation is therefore attributable to the strategy of companies to raise their margins.
In food, a small decline has begun, said the boss of Bercy, listing poultry, cereals, pasta, oils. “It was increasing by 1, 2.3% per month, 14, 15% compared to the reference month a year earlier, there the decline begins,” he says. 13.6% inflation was recorded by INSEE in June against 14.3% in May, “The objective is to break the inflationary spiral in the fall,” he said again.
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