The French Government has attempted to put in place price controls in supermarkets in order to lower food costs for shoppers as inflation bites elle_odwyer takes a look at France’s scheme and whether the UK could do the same ⬇️
It is not yet clear how effective the policy has been, and it may take time for the effects to become clear – with the minister last month suggesting “as soon as July, prices of certain products will go down” for some goods “where wholesale prices have fallen”. Mr Le Maire previously accused food suppliers and distributors of failing to pass on lower prices to their customers even as their costs had dropped.
Andrew Opie, director of food and sustainability at the organisation, said: “Rather than recreating 70s-style price controls, the Government should focus on cutting red tape so that resources can be directed to keeping prices as low as possible.”, which has seen the Government step in to limit sky-high prices. Supermarkets say they are in strict competition with their counterparts.
Belgique Dernières Nouvelles, Belgique Actualités
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