HomeEconomySystem U boss "has doubts" about manufacturers' claims to justify inflation

System U boss “has doubts” about manufacturers’ claims to justify inflation

Dominique Schelcher finds it “astonishing” that all food manufacturers claim to have purchased their raw materials at the highest prices.

The big retailers assure that the agri-food manufacturers refuse to return to the negotiating table to lower prices on the shelves. Invited this Thursday night on BFMTV, the president of System U expressed “his doubts of him” about the manufacturers’ claims to justify the requests for price increases for their products. “Interestingly, all of the suppliers in front of us bought their stock at the highest prices” and “didn’t have stock at the lowest price,” Dominique Schelcher said.

“It’s Still Awesome”

In addition, “just after the outbreak of the war” in Ukraine, the government had called for the “immediate” reopening of trade negotiations and “very quickly, at least since April 2022, we had more than 110 requests for price increases” from The manufacturers. , then 150 new applications the following month, Dominique Schelcher said. “This year the movement is opposite in a certain amount of raw materials”, such as wheat, butter or certain packaging, “so we would like to start the same movement in the other direction.

However, “curiously, this year there is no counterpart and there is no reopening of discussions. It continues to be incredible,” he lamented. “Some [industriels]I think, they’re rebuilding their margins” this year.

Author: bruno jeremy
Source: BFM TV

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