Inflation: the French “must say to themselves “it will stop blazing” next week,” announces Bruno Le Maire

"We are going to accelerate the fight against inflation," said the Minister of the Economy on BFMTV this Sunday. If he claims to have kept his word on "a slowdown in food prices", he recalls that "inflation [of food products] was 16% in March, today it is 11%". “It will no longer increase in the same proportions” as in recent months, firmly assures Bruno Le Maire.

After the announcement of his three measures this week to “definitively break the price spiral” on the shelves, he notes the “concrete and tangible results” obtained with distributors and manufacturers. Thanks to “the price drop and the blocking of prices on 5,000 references” in stores, “our compatriots must say to themselves next week “it stops flaming”” on their receipts, specifies Bruno Le Maire. The minister is now waiting for the list of distributors, on which the Fraud Repression will carry out checks to avoid misleading announcements.

If Bruno Le Maire welcomes all the actions of distributors to lower prices, he does not hesitate to highlight those of Intermarché, without however mentioning the brand. "Some groups have doubled the number of products concerned, from 500 to 1000, he says, it allows you to completely fill your shopping cart in a single store". On the industrial side, he undertook to “continue to quote” those who would not play the game of price reductions, like Nestlé, PepsiCo or Univeler. Finally, on the producer side, Bruno Le Maire seeks to reassure them: "I will ensure that the margins of agricultural producers are protected."

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