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The head of the U stores believes that “we have not reached the peak of inflation”

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System U president Dominique Schelcher estimated this Friday morning on BFMTV-RMC that the price hike should continue.

How long will the price increase continue? Economy Minister Bruno Le Maire said a few days ago that France was “at the peak of inflation”, although an improvement should not be expected before the start of next year. “I think we have not reached the peak of inflation,” however, the president of System U, Dominique Schelcher, on BFMTV-RMC, reversed this Friday morning. For the latter, the price rise should continue.

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energy boost

But it is above all the rise in energy prices that worries the president of System U for the coming months. “If the electricity of all the companies increases […]if the bill is doubled, tripled or quadrupled, at some point it will be reflected in the prices”, assured Dominique Schelcher, taking the example “of the butcher, the biscuit maker, the baker”. “We still have inflation ahead of us. energy prices […] the ins and outs of those we don’t know today”.

Author: Jeremy Bruno
Source: BFM TV

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