Inflation returns to hypermarkets


According to Bercy, this return to price increases only concerns food products.

After eight years of deflation, the general rise in prices is looming on the shelves of supermarkets. A few hours after the clap of the end of the annual price negotiations on the major brands for 2022, which ended on March 1, brands and manufacturers were taking stock.

According to the government, 80% of the contracts were signed on Wednesday morning, “of which almost all for SMEs”, it was pointed out in Bercy. A feat after the delay in recent weeks, in a context where the inflation of food and industrial costs has toughened negotiations. Just like the issues related to price renegotiation clauses, while commodity prices are soaring again with the Ukrainian conflict.

Trend reversal

According to the FCD, which brings together large retailers, the average price increases granted to agri-food suppliers to take into account the soaring price of agricultural and non-agricultural inputs, reach between 3 and 4% for all high-end products. consumption. This trend reversal is unprecedented, as the price war in France has caused labels to drop off the shelves since 2014.

According to Bercy, this return of inflation only concerns food products, “the prices of non-food products having ended in decline”. However, this hot assessment was not enough to satisfy manufacturers, who estimate the additional increase necessary to pass on the increase in their costs to packaging, transport or energy at 2 to 3%.

About sixty files were also recorded on March 2 with the trade relations mediator, responsible for finding a way out of the deadlocked negotiations. That is ten more than in 2021 and a historically high level. For the others, checks had already been launched on Wednesday morning, according to the DGCCRF.



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