New figures show that year-on-year, prices are up most for meat, pasta, margarine, and coffee, as a result of the war in Ukraine, energy costs, drought, frost, and lingering effects of Covid
By Hannah Thompson
Meat and pasta are among the food items that rose the most in price last month in France, new figures show, with supermarket prices overall 7.9% higher than this time last year.
Year-on-year to August 2022, the highest price rises were:
Frozen meat: 28%
Minced meat: 21%
Pasta: 19%
Pasta-based prepared dishes: 17%
Margarine: 16%
Roasted coffee: 16%
Non-food items were also affected, including food packaging products (18%), paper tissues (17%), and kitchen roll paper (17%).
french cuisine TaipeiThe most recent figures come from global consumer insights service Iri.
The price rises are not solely due to the war in Ukraine, Iri said.
Emily Mayer, director of the commercial arm of the Business Insight department at Iri, said: “Overall, this inflation is also linked to event in 2021, notably the coronavirus pandemic, which caused price rises in transportation and packaging.
“There is always a delay between raw material rises and the repercussions seen at the point of sale.”
The rise in meat products is largely due to rising energy costs (as meat production is energy-intense), and the rising cost of grains and other items used for bovine feed.
Pasta price rises were largely caused by drought in Canada in summer 2021.
“Canada is one of the major producers and exporters of strong wheat,” said Ms Meyer. “This climate event reduced harvest yields, even though demand stayed the same.”
Packaging and paper items also saw a rise in price due to raw material shortages and cost rises due to Covid, and rising energy costs (the paper industry is a major consumer of gas).
Source : The Connexion
PR
