EconomyTowards an inflation "that we have not seen for...

Towards an inflation “that we have not seen for almost 40 years” in supermarkets

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Jacques Creyssel, general delegate of the Federation of commerce and distribution, was invited on the set of BFM Business this Monday morning. Asked about the soaring prices in supermarkets, he did not hide his concern. “We are heading towards increases that we have not seen for nearly 40 years,” he warned. Our current forecast is between 7 and 10%, quite quickly”.

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An “extremely worrying” situation

By “fairly fast”, Jacques Creyssel means “by the start of the school year”. The leader evokes an “enormous” inflation and an “extremely worrying” situation for “the whole of the sector” but also for consumers. The French “begin to consume less leisure, clothing, even for the home […]. They cut a number of expenses, and in food matters they do the same […]. We consume less, we consume more first prizes, we use promotions more,” he said.

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Inflation accelerated further in April to reach 4.8% over one year.

Source: 20minutes

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