Rising prices: “The agri-food industry has benefited from this inflation”, says Michel-Edouard Leclerc – 04/29/2024 at 10:30

Rising prices: “The agri-food industry has benefited from this inflation”, says Michel-Edouard Leclerc – 04/29/2024 at 10:30
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(AFP / JOEL SAGET)

“All the big agri-food companies released margins of up to 15 or 20% during the crisis and while consumers had to pay increases in pasta or increases in items of 30 to 40%,” lamented Michel -Edouard Leclerc on BFMTV/RMC this Monday April 29.

“Food industry

has made a profit from this inflation.

At the microphone of

BFMTV/RMC

this Monday, April 29, Michel-Edouard Leclerc, president of the strategic committee of the E. Leclerc centers, is scolding the manufacturers, criticizing them in particular for their lack of transparency.

“If they had told us the truth,

there wouldn’t have been this inflation,” he said. “Products for dogs and cats, petfoods, it’s incredible the margins they’ve produced,” continued the distributor. “All the major agri-food companies have released

margins of up to 15 or 20% during the crisis

and while consumers had to pay increases in pasta or increases in items of 30 to 40%”, lamented Michel-Edouard Leclerc. As a reminder, the increase in food prices reached

21% in two years.

“If the manufacturers had told us the truth,

we would have negotiated the margin more harshly

industrialists”, he again affirmed, ensuring that he accepted the price increases because he “thought not to affect the agricultural margin”. “You saw correctly, two reports from the general inspectorate of finances, a report ECB:

inflation has mainly fed the margins of agro-industry, not farmers”,

indicated Michel-Edouard Leclerc.

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