Inflation: a further increase in food products expected in March?

Since the health crisis, crises have followed one another and society has been completely turned upside down. Indeed, people have lost their jobs, others have retrained, today we are feeling the brunt of price increases in all areas of consumption, namelyenergy, fuel and food. Overall, the rate of inflation reached 5.2% around last year, in 2022. What will it be this year 2023? The worst awaits us?

Inflation: another increase in March?

It’s no secret. Inflation is still rife and it still remains at a high rate. But, March could be even worse than expected. One more bad news for the purchasing power of the French. Even if the government has implemented measures and a panoply of aid, this does not seem to be enough for everyone.

In any case, expect to have a increase on your receipt when you go to the supermarket to do your food shopping! Indeed, in the month of March, food resumes an increase…

Inflation and red march “: what to expect?

We were talking about the “ red march in the media and it will happen, unfortunately! Indeed, the large agri-food distribution companies have spoken of an increase in tariffs on their food products. Obviously, they can’t help it. This is a new inflation from the month of March which is cumulative with the previous increases.

According to the analyzes of the firm NielsenIQ and relayed by AFP, food prices will show a 15% increase in June 2023 compared to June 2022. As a reminder, electricity has also increased by 15% since February 1.

But, then, why this inflation in the field of food? It is due to annual negotiations between suppliers and distributors, which did not go as planned. The former have increased their price, as raw materials and production costs have increased. So suppliers have reinjected the increases in their price and the distributors do the same on the sale price to the final consumer.

More expensive manufacturing costs than last year

« Raw materials are more expensive than last year and we purchased power at current rates for the whole year. We are still in cycles of increases, which have not been passed on “, informs Jean-Philippe André, the president of the employers’ organization of the food industry in France which is called Ania.

One thing is certain, the two clans have tried to do well, but we cannot miss a new inflation in the food sector. Dispensers go anyway pass on increases. So expect price changes on your bill!

This Saturday, February 25, Emmanuel Macron went to the Salon de l’Agriculture and asked the actors of the large distribution to make efforts. “Those who have to make an effort on their margins are the distributors”, declares the President of the Republic. Will his message be heard? We hope so! In any case, we are still in February, it may be time to do your shopping to limit the breakage!