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France announced its "Care Prices" for 100 days

by szsvw
March 6, 2023
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The inflationary crisis is a global phenomenon. although there is countries where the effects are much more worrisome that in others, it does not mean that the different governments are taking measures to try to counteract this problem. A clear example is what happens in France where caMore and more citizens are having complications when making purchasess.

According to what was reported by the international broadcaster Radio France International (RFI), in February, the inflation reached 14.5%. To try to alleviate some of the pressure on the pocket of the French, supermarkets multiplied the offers. Thus, it was observed in recent days that some companies offered fruits and vegetables for one euro per kilo.

In addition, the government announced a more comprehensive plan with the large distribution agri-food sector to block the prices of basic products such as eggs, milk or hygiene such as baby diapers. At the moment, a price list has not been agreed with the supermarkets, so each firm has the freedom to make its own.

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He Economy Minister Bruno Le Maireexplained in a press conference that “this agreement It will allow us to have the lowest possible prices on a certain number of everyday products during a period of one quarter..

“At the end of this ‘anti-inflationary quarter’, we will reopen trade negotiations with the big manufacturers so that the fall in wholesale prices, which we are seeing in the markets, is transmitted to everyday consumer products,” Le Maire stressed.

Through a tweet, the deputy Maria Lebec, belonging to the Renaissance party led by President Emmanuel Macron, announced the measure. In his message, Lebec wrote: “Protecting the #purchasing power of the French is essential”. “The State and the large distribution players launch a device: the” anti-inflationary quarter “, she added.

For 100 days, basic necessities will be available at rock-bottom prices!

Tuit de Lebec 20230306
Tweet of the deputy Maria Lebec announcing measures against inflation

“Most of the business operations will relate to private label products, where brands have more ‘latitude’ to set prices,” Carrefour chief executive Alexandre Bompard said.

According to the transcended, andThe plan will be financed with the margins of the retailers and will cost “several hundred million euros”. Also, a food check will be launched for the most modest households.

Los discounted products can be identified thanks to a tricolor ‘anti-inflation quarter’ logo. The bulk of commercial operations will focus on private label products, where retailers have more “freedom” to set prices, said Alexandre Bompard, Carrefour’s CEO.

RM / LR

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