+5.7% is the average annual variation of food products observed by INSEE last June. If the large families of products most affected by inflation are frozen meats, pasta or oils, what are the specific references that have seen their prices skyrocket the most since January 1?
This was revealed this Wednesday by the company A3Distrib, which surveys the prices of national brand products (excluding white brands) in 6,556 units in France. According to consumer specialist Olivier Dauvers, who publishes the study and reveals the top 20 most inflationary products, it is an unexpected product that tops this ranking.
In fact, it is the chicken breast of the Fleury Michon brand that has increased the most in proportion: +35% for the four slices, that is, an average price observed of 2.10 euros on July 18 compared to 1.55 euros at the beginning of the year.
The cause is the increase in animal feed, which represents on average 65% of the final price of the birds, as well as the increase in heating costs for buildings.
As FNSEA President Christiane Lambert reminds us, the cost of poultry feed has increased by an average of 35% since the beginning of the year. An increase found on the label.
Most anticipated, oils are the most numerous products in this top 20 inflation. +33% for the 1-liter bottle of Fruit d’Or (3.98 euros), +30% for Isio 4 de Lesieur (3.81 euros) and +25% for Puget olive oil (9.23 €). Scarcity on the shelves, shortage of sunflowers with the war in Ukraine… Oil is the product that has suffered the most in the international situation.
If the French did not deprive themselves of oil during this period and, on the contrary, made precautionary purchases (when the shelves were not empty), they nevertheless reduced certain purchases of products with the outbreak. This is the case of meat and especially frozen meat, one of the most painful products for the pocket this year.
There are two Charal brand product references in the top 5 of the products that have increased the most. The box of 10 “extra tender” steaks saw its price rise by 33% to 9 euros. That of “pure veal” 15% fat has risen by 30% to 10.64 euros. Being products that have a high nominal price, the increases in value are the highest in the top 20: 2.20 euros for one and 2.47 euros for the other.
Beef has also ballooned with the added cost of animal feed for several months. The manufacturing and storage process also suffers from rising energy costs.
As a reminder, this ranking of the products most affected by inflation only takes into account branded products, the only ones present in all French brands. However, it is the white brands (private label) as well as those of “first price” that have increased the most since the beginning of the year because they are more sensitive to increases in production costs. In June, prices for private label increased by almost 7%, those of first prices by 9.5% compared to 4.2% on average for national brands.
Source: BFM TV