HomeEconomyRungis Market: “no deconsumption” in sight as holidays approach

Rungis Market: “no deconsumption” in sight as holidays approach

The general director of the Rungis International Market, Stéphane Layani, returned to market activity at the end of the year, as inflation continues to weigh on household purchasing power.

“Inflation cannot ruin the party,” says Stéphane Layani, general manager of Rungis’ international market. Invited to the BFM Business Big Interview this Monday, December 18, the manager assured that he does not see any effect of inflation on the volumes sold at Rungis at the end of the year.

Arbitrations for “smart consumption”

“They will want to treat themselves to traditional products such as poultry and, in addition, they will consume intelligently and change their habits a little: for example, instead of buying salmon, they will buy trout,” he details.

“The volumes exist, but concessions are simply made,” explains Stéphane Layani. “This year we will reach a turnover of 11.6 billion euros,” he says.

Inflation of 5% in December in Rungis

And if sales are not affected by the price increase, it is because “they are in a process of decline” at Rungis, according to its general director.

“We were at +11% in September, at +9% in November, at +5% in December,” he explains.

“We are on the verge of a slowdown in inflation,” he summarizes, “and with 5% inflation in Rungis we are still 7 points less than pre-prepared products, industrial products,” he adds, referring to “a competitive advantage that The Rungis market operators have done so.”

Author: Nina Le Clerre
Source: BFM TV

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