For the boss of Lidl there is no risk of shortage but of inflation

Since the start of the war in Ukraine, the question of the shortage of sunflower oil has arisen.

Not for Michel Biéro, executive director of purchasing and marketing for Lidl France, who assures the

that he has the stocks planned for normal consumption of this product.

High food price inflation

His concern, on the other hand, is the soaring food prices that the war in Ukraine could generate.

The French boss of Lidl predicts “In January, I estimated that inflation would be 3 to 3.5% in the first half of 2022 in the food sector.

I now think that the rise in prices in France will probably be twice as high, around 5 to 8%”.

A significant increase in the eyes of this boss of a chain of low-cost supermarkets, but which should not have the same weight on the wallet of households as the surge in gas or fuel prices, which weigh well more.

Economy

Money: Changing borrower insurance remains complicated, pending simplification

Economy

Presidential 2022: Smic, inflation, energy… What is the program of the candidates for purchasing power?

• Economy

• purchasing power

• Gasoline prices

• 0 comment

• 0 share

  • Share on Messenger

  • Share on Facebook

  • Share on Twitter

  • Share on Flipboard

  • Share on Pinterest

  • Share on Linkedin

  • Send by Mail

• To safeguard

• A fault ?

• To print