HomeEconomyInflation: The 75 largest manufacturers agree to reopen trade negotiations

Inflation: The 75 largest manufacturers agree to reopen trade negotiations

The largest food manufacturers have agreed to reopen trade negotiations with distributors at the end of May.

Meeting in Bercy on Wednesday, the 75 largest food manufacturers that account for 80% of the market agreed, at the government’s request, to reopen trade negotiations with distributors by the end of May.

“The 75 main manufacturers of consumer goods are committed, before the end of May, to reopen negotiations, based on objective elements,” said Jean-Philippe André, president of Ania (National Association of the Food Industry), in leave the Ministry of Economy. .

“We are going to advance what was legally planned in the coming weeks when it was rather scheduled for June or July,” also explained Richard Panquiault, general director of the Institute for Links and Studies of Consumer Industries (Ilec).

SMEs and ETI not involved

Specifically, these are food and non-food products that have increased by more than 10% at the close of the previous annual negotiations and in which at least one of the raw materials has seen its price fall since then. It should be noted that the resumption of discussions will not affect SMEs or TSIs.

In recent days, the Government has put pressure on the players in the sector to encourage them to come back to the table and negotiate price reductions in the face of the fall in many inputs such as energy, wheat or freight. Otherwise, the executive threatened to resort to “name and shame”, even the fiscal instrument to force his hand.

Author: Isabelle Gollentz, Gaëtane Meslin and Paul Louis
Source: BFM TV

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