DECRYPTION – Average inflation on the shelves (12% in October over one year) could reach 20%. The annual tariff negotiations that are starting promise to be more tense than ever.
The peak of inflation is still far from being reached. In October, the average price of food products was 12% higher than the same month last year. Inflation is likely to rise further in the coming months. Distributors and manufacturers fear that a further increase of nearly 10% will be added to this figure, which would bring the price increase to 20% at the end of 2023 since the start of inflation in the spring of 2022. This Thursday, price negotiations begin between distributors and agri-food manufacturers. They have until March 1 to agree.
The likely outcome of these discussions, which promise to be more tense than ever, is not encouraging for customers of supermarkets. They are likely to result in further price increases. ” In 2022, the negotiations were essentially aimed at passing on the rise in the price of raw materials in pricesexplains Dominique Schelcher, the president of System U. We are getting ready…
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