Retail leader Michel-Edouard Leclerc warns inflation will surpass 4% by 2027, driven by rising supermarket prices and increased production costs.
Inflation forecast for 2027
Michel-Edouard Leclerc, president of the E.Leclerc retail group, warned that inflation will exceed 4% in 2027, with rising prices in supermarkets becoming unavoidable. Rising production costs
According to Leclerc, manufacturers have informed retailers of increased production costs, including energy, packaging, and certain raw materials, which are expected to lead to price increases well above 4%. Impact on consumer behavior
He stated that purchases of equipment and textiles have already been affected, with consumers altering their behavior due to constrained expenses. E.Leclerc's response strategy
Leclerc emphasized that the group is prepared to negotiate with multinational companies to spread out the price increases over time, while continuing to defend consumer purchasing power.