"Cheapflation" is the practice of reducing ingredients, removing them or replacing them with cheaper or lower quality substitutes. Foodwatch points to Fleury Michon surimi sticks, which include 11% less fish meat while the price per kilo has increased by 40% between 2021 and 2023.
Food prices, the main driver of inflation in 2023 with a peak of almost 16% in the spring, have since started to slow down, with an increase of 5.7% over one year in January 2024.