Each company will be autonomous to define its own list and set its prices. The products will bear a common label in the colors of the French flag and the text “anti-inflation quarter”.
Euskaraz irakurri: Frantziako “inflazioaren aurkako” product of saskiaren ezaugarri nagusiak
The French government presented a according to distribution groups of the French State to create a basket of “anti-inflation” products, which can be freely configured.
In this way, the Executive is meeting the demands of these companies, which refused to impose a basket of basic products at a fixed price, and in return the companies have agreed to reduce their margins. The aim is to counter the rise in food prices 14.5% last February in France. Here are the keys to the “anti-inflation” basket:
-Each company will be autonomous to define it own list and set their prices.
-The products have a common label with the colors of the French flag and the text “anti-inflation quarter”.
–Carrefour launches from March 15 a basket with 200 products in frozen quantities and for less than two euros with healthy and fresh products from the brands Carrefour and Simply.
–intermarché it will do the same with nearly 500 items, where there will be fresh produce, dairy, fish, fruits and vegetables.
As for other alternatives, the Minister of Economic Affairs, Bruno Le Mairehas refused to reduce VAT, describing it as an “ineffective and costly” measure.
With regard to price fixing, Le Maire has assured that France is “a nation that believes in free trade”, so it is not for the state to intervene in this regard.
In addition, the head of economics has warned that he will ask industrial producers to reopen price negotiations with distributors in June, the planned end date of the “anti-inflation quarter”, rather than waiting until early 2024.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
