French Supermarkets Report 'Quasi-Stable' Prices for 2025 Following Annual Negotiations
The agreements between retailers and suppliers signal relief for consumers after years of inflation, though debates on agricultural transparency persist.
- French supermarkets have concluded negotiations with suppliers, achieving 'quasi-stability' in prices for 2025, offering potential relief to consumers after prolonged inflation.
- The purchasing price from suppliers accounts for about 72% of the final retail price, with strict regulations like the SRP+10 law ensuring minimum retailer margins for food products.
- The SRP+10 law, designed to protect farmers' incomes, has faced criticism for increasing consumer costs without significantly benefiting agricultural revenue, though it is set to be extended for three to four years starting April.
- Distributors and suppliers remain divided over transparency in agricultural pricing, with calls for clearer visibility into the costs of raw agricultural materials during negotiations.
- Major distributors like Carrefour and E. Leclerc faced penalties for missing negotiation deadlines, while the government plans to review the Egalim laws governing these practices later this year.