The prophecy of Michel-Edouard Leclerc, head of the distribution group of the same name, who predicted double-digit inflation two weeks ago, was therefore self-fulfilling. “the price of consumer goods sold in supermarkets”According to INSEE terms, it grew by 10.6% between October 2011 and October 2022, just announced the Institute of Statistics, which calculates specific indicators each month for all forms of sales. Total trade volume also increased by 10.6 percent, almost twice as much as overall inflation, which was 6.2 percent.
Despite their loud “fight against high prices” advertising campaigns, big brands are ultimately no more successful than small distributors. In France, big business has become a hotbed of inflation. This is due to the nature of the products sold, mainly food, which increased by 11.2% in supermarkets. It’s not even…
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Source: Le Figaro
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.