The gap continues to widen between sales in value and volume in supermarkets. According to Iri, turnover from the sale of consumer products increased by 6.4% in July. At the same time, the French bought in smaller quantities as volumes fell 0.9% over the period. An unprecedented difference of more than 7 points that is explained by the strong inflationary push in supermarkets.
Volumes that continue to fall but at a level lower than that of previous months. In April, for example, the fall had been greater than 5%.
The increase in prices continues to accelerate. Iri notes an increase in retail inflation which reached 6.91% in July, after +5% in June and +4% in May. Inflation continues to be driven by private label. The increase in prices of the products of the Carrefour, Casino, E.Leclerc and Auchan brands averaged 9.42% in July, a historically high level. As for national brands, the increase is more moderate with +5.9% in July compared to the same month of 2021.
French that have opted this summer for small store formats (which are also the most expensive). Circuits that have their favors in their vacation spot. Convenience stores saw their turnover increase by 11.1% in July, while large hypermarkets only increased by 5.9% and food e-commerce by 2.5%.
Source: BFM TV
