Inflation does not hit all products with such intensity. A daily food has seen its price explode in one year, due in particular to the war in Ukraine.
All French people see it every day when they go shopping: many products have seen their prices increase in recent months. The various crises, and in particular the surge energy prices, created galloping and generalized inflation. Not all products are impacted in the same way, however. INSEE’s monthly barometer on consumer prices. While some consumer staples rose less quickly than inflation (over 6% in July), others performed impressively.
A range of products has seen its price explode. These are sunflower and rapeseed oils, which have increased by 55% in one year. The primary reason for this increase is the russian-ukrainian war. These two agricultural countries usually account for 80% of world sunflower exports. But between the fights, the blocking of goods and the international sanctionsthe plant has become particularly rare and therefore expensive on a global scale.
Highly impacted cereals and meats
Sunflower oil saw its price explode. The shortage has reached such an extent that buyers have fallen back on rapeseed oil. But she herself could not absorb the demand. Especially since the market was already tight internationally. Production had dropped in the summer of 2021 due to fires in Canada, a major rapeseed producer. More generally, all world cereal production is impacted by the war in Ukraine, weather conditions or quite simply energy prices. The edible oils derived from it have therefore all experienced a marked increase. Only olive oil is relatively spared.
Among the other strongly impacted foods, we find flour (+18.4%), couscous and pasta (+16.7%). Meat is also experiencing a surge in prices with 14.6% more for poultry, as well as fish, the prices of which have increased on average by 17.2%.