It’s still going up. After a price increase of 4.9% in June and 6.7% in July, inflation continues to accelerate in supermarkets. According to the first Iri data revealed by LSA, prices in supermarkets increased by 7.9% in August.
Une hausse qui touche all distribution circuits (+7.7% for hypers, +8.37% for proximity magazines, +8.66% for teaching brands owned by Aldi or Lidl) and disormais presque all the rays.
Meat remains by far the most inflationary product. Frozen meats are on average 28.74% more expensive than a year ago at the same time. Ground meats show an increase of 21.82% ahead of pasta (+19.78%), aluminum foil rolls (+18.35%) and tissue paper (+18.21%).
Almost 13% inflation in the first prices
The least inflationary categories continue to be mainly hygiene products such as make-up (+0.29%), softeners (+0.68%) or even conditioners (+1.27%). Finally, it should be noted that aniseed appetizers such as pastis remain the only deflationary products with a slight decrease in average prices of 0.7% in August.
The prices of big brand products increased by 6.82% in August while those of private labels (MDD) did so by 10.67% and the first prices were close to 13% (12.87%).
A gap that especially penalizes the modest French who buy more of these basic products. While wealthy households can cushion the blow by buying more entry-level or private-label products (which remain less expensive despite inflation), consumers who buy mostly entry-level products are forced to buy less.
In July, French consumers had spent an average of 6.4% more than the previous year and had bought fewer products (-0.9%). These are the commodities that have exploded. Turnover in this category soared more than 23% in July, driven by higher inflation but also by a very sharp increase in purchase volumes.
Source: BFM TV
