The senators accept Michel-Edouard Leclerc’s accusations and will investigate the roots of price increases straining the budget of the French. This Friday, the Senate Committee on Economic Affairs, chaired by Sophie Primas, announced thatunderstand the purchasing power issue and causes of consumer price inflation“. The first elements will be published in three weeks.
The senators heard the accusations of industrialist Michel-Edouard Leclerc. For several months, he has been annoyed by inflation, considering that a significant part of price increases is not justified. “Half the prices go up“Required by food manufacturers”are not transparent and questionable,” he judged on BFMTV this week.
The elected representatives of the CRCE group in the Senate quickly responded to the distributor’s statements. his remarks.”deserve attention and [un] Such parliamentary work will provide an opportunity to shed light on future discussionsThey discussed in a letter to Sophie Primas asking to create a “fact-finding mission on the origins of inflation“. Other elected officials of the National Assembly also supported the idea of a parliamentary inquiry into price increases.great offer!– commented PS boss Olivier Faure when his LFI colleague Manuel Bompard named this track.very good idea“.
Accelerate work already in progress
As part of the work of the Egalim Law Monitoring Group, which oversees discussions between distributors and manufacturers, the senators therefore count “make a preliminary assessment of the causes [l’]inflationon July 20. This work should shed light on what promises to be a heated debate in Parliament over the Households’ Purchasing Power Protection Bill. The Economic Affairs Committee accuses Egalim’s laws of participating in price increases.Each actor appears, at first glance, legitimate in their requests, and it will be up to us to determine whether this is actually a real increase in the price of investments, purely speculative movements, or the inadequacy of the broader regulatory framework.“Comments by Senator (LR) Daniel Gremillett, quoted in a press release.
The creation of a commission of inquiry, as proposed by Michel-Edouard Leclerc, would be too long, the work usually takes six months, explained the senatorial source. Same observation for the flash mission requested by the communist senators, which lasts for quite a month. Therefore, the elected officials preferred to rely on the works currently being carried out within the framework of the “Egalim” monitoring group. Hearings taking place these days with distribution players address these topics and will provide the first elements of an answer. Later, if the conclusions are interesting, nothing will prevent the senators from going further by starting an information mission or even an investigative commission. Therefore, the verdict within three weeks.
Source: Le Figaro

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