While the debates around the pension reform continue, The rise in prices does not falter in the shopping baskets of the French. According to the latest study by panelist Nielsen, the prices of consumer goods, fresh and self-service (PGC-FLS) are on average 11.46% higher in January 2023 than in January 2022.
“Inflation is not keeping time,” observes Emmanuel Cannes, NielsenIQ consumer and inflation expert. Low-income households bear the brunt of rising prices for consumer goods and premium and private label brands. [marques des distributeurs].”
+30% in meat and poultry prices
In detail, the item most affected by inflation in the last twelve months continues to be meat, poultry, viscera and frozen sausages with prices that rise 30% in one year.
These products are followed by paper towels, whose inflation exceeds 25%, then toilet paper, with an inflation of 21%. The price increase is also significant for oil (20.21%), eggs (18.37%), as well as butter, margarine, fat and fresh cream (19.53%).
“Whether they are distributors or consumers, nobody is a winner,” says Nielsen, since the podium of annual inflation by type of brand is made up in the order of first prices (17.61%), own brands (15.33%) and then big brands, manufacturers and leaders that are around 10%.
Even in the short term, the rise in prices is substantial, at 0.9% in a month. On the other hand, other products are among those impacted on this time scale. on the podium, there are sugars and sweeteners (+4.72%), stockings and tights (+2.7%) and motor oil (+2.5%).
Syrups, concentrates, breakfast powders as well as disposable tableware also registered a monthly increase in their prices of more than 2%.
Finally, the break rate observed by Nielsen is significant. It reached 5.5% in December, 1.4 points more than in the same period of 2021. “Consequence: a gross deficit of 4,800 million euros in hypermarkets and supermarkets throughout the year 2022,” specifies the panelist.
The products that are scarce on the shelves are flavored and sparkling waters, then eggs, dog and cat food, and fresh cream that includes the top 5 in this category.
Source: BFM TV
