Borne wants "concrete price reductions" for the French by the end of June

Elisabeth Borne said on Thursday that she wanted “concrete, tangible” price reductions “by the end of June”, asking manufacturers and large retailers to “reopen negotiations” in order to “pass on” the “lower prices”. raw materials”.

The Prime Minister was asked on France 2 about the inflation of certain food products in supermarkets, despite the drop in raw materials.

“The government has mobilized to deal with the energy crisis, to support the French in the face of soaring energy prices. It’s tens of billions of euros, 46 billion euros this year, for protect the French in the face of soaring energy prices”, replied Ms. Borne on France 2.

“Then we asked the distributors (…) to protect the purchasing power of the French by taking on their margins. This is the anti-inflation quarter. Now, we expect manufacturers to be able to pass on these reductions in raw materials in the prices they offer to large retailers”, continued the Prime Minister, while over one year, food prices continued to accelerate, climbing 15.9% in March (after 14 .8% in February).

“The Minister of the Economy Bruno Le Maire said it, we ask, as soon as the prices of raw materials have fallen, to reopen negotiations”. “We expect that in the coming weeks these negotiations will reopen between manufacturers and large retailers to effectively pass on these falls in raw materials”, developed the head of government.

“I want it to be seen as soon as possible, by the end of June, that we can have concrete, tangible reductions for the French,” she concluded.

Each year, the supermarkets negotiate with their suppliers the conditions under which they will buy from them, for the coming year, their production which will fill the shelves of the stores. The latest negotiations, completed on March 1, painfully resulted in an average increase of some 10% in the prices paid by supermarkets to manufacturers, to take into account the increase in their production costs (energy, transport, raw materials). raw materials, packaging, etc.), according to the two camps.

“I want to be honest, food prices are going to be tough until the end of the summer. The key is that work pays better,” replied Emmanuel Macron in an interview with readers. from the Parisian, Sunday.

27/04/2023 09:41:40 –         Paris (AFP) –         © 2023 AFP