DECRYPTION – Worried about inflation, they reduced their purchases, especially for champagne, salmon and foie gras.
“We have shipped 99% of our foie gras stocks, there is not much left. » A few days after the Christmas festivities, it is time for the first assessment among specialists in festive products, such as Labeyrie. If, according to Stanislas Giraud, the group’s Managing Director for France, volumes are starting to run low on one of the flagship products for the end-of-year celebrations, it is more due to the avian flu epidemic, which reduced the volumes of foie gras available by 35%, only to a frenzy of consumption.
In a context of food inflation exceeding 12% over one year, the French have tightened their belts for their Christmas feasts. According to panelist Iri, the volumes of food products sold in supermarkets have started to rise again by 2.1% in the week ending December 25. A first since March 2021. “But this rebound is insufficient to erase the 3.5% decline accumulated over the previous five weeks, which corresponds to the season…
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