Supermarkets and inflation: the French have severely restricted their purchases over the first three months of the year
Sales of everyday products (mainly food) have fallen significantly in volume since the beginning of this year.
Some departments are ‘deserted
Although month after month, inflation is on the rise in France, there has been no ‘red March’ on the shelves, and fortunately so, because the French have already severely restricted their purchases over the first three months of the year, with -5% in volume over one year.
Volume sales fell by -9.2% at the end of March over one year
Although supermarkets and hypermarkets have achieved a 9% increase in turnover, these results are flawed because the high rise in food prices artificially boosts the figures. The reality is quite different. In France, sales volumes fell by -9.2% at the end of March, compared to the same period in 2022.