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Lowering food prices “cannot be done in five minutes”: the response of industrialists to Bruno Le Maire

Lowering food prices “cannot be done in five minutes”, the president of Ania responds to the Minister of Economy who blames manufacturers for the fact that prices remain high while production costs fall.

Faced with falling production costs for food products, Bruno Le Maire noted that prices remained high on the shelves. “It cannot be done in five minutes,” replies Jean-Philippe André, president of Ania at BFM Business this Tuesday.

“You have to understand that it cannot be done in five minutes. We are committed to our suppliers in the purchase of raw materials, in the purchase of cans, in the purchase of glass… And for a certain number of months, explains the president of the National Association of Food Industries.

For the benefit of distribution brands

“The big manufacturers must return to the negotiating table with the distributors to transfer the price cuts. I’ll leave you for a few weeks”, launched Bruno Le Maire on BFMTV this Tuesday.

On April 11, Bruno Le Maire said he had a hard time “understanding that the upward impact is immediate and the downward impact takes longer” on food prices. The Minister of Economy estimates that prices could fall “mid-2023”, and that this slowdown could be even faster, given the current fall in energy, freight and raw material prices.

“As contracts expire and if there are casualties [des coûts de production, ndlr]We’ll be around the table.”

Author: manel menguelti
Source: BFM TV

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