Inflation: soon falling prices for poultry?

Published

Video length: 2 min.

France 2

Article written by

G.de Florival, T.Grosse, J.Delage, A.Da Silva – France 2

France Televisions

Economy Minister Bruno Le Maire promises a massive price drop in supermarkets. About a hundred products are concerned from next month. What are these products and how much will the prices drop?

On the shelves, will chicken thighs and turkey fillets soon cost us less? After months of increases, poultry has stabilized in recent weeks. But in a butcher’s shop in Poitiers (Vienne), the regulars did not really feel it. The government promises, Friday, June 9, cheaper prices for a hundred products such as poultry.

A reduction in scale of 20% necessary

The prices of cereals, wheat or corn have fallen after having exploded because of the war in Ukraine. Chicken feed represents 65% of the price of poultry. Even if prices are falling, they are still far from their pre-crisis level. The costs “have increased so much over the past 15 to 20 months that for consumers to return to the price level they knew in 2021, we would have to have major reductions of 20%”says Emily Mayer, consumer expert at the Circana Institute.


source site-14