Inflation as a result of the war has had a strong impact on the economy, especially affecting Spanish households. Despite the fact that some aid has been approved, it seems that it is still not enough and has reopened the debate. Now it’s all about him anti-inflation agreement that was carried out between the French government and the large distributors to offer products at lower prices for three months. This has put the focus on the possible implementation of this initiative in Spain. Although before his execution, Eroski has already anticipated the central government and has announced that this month of March it will activate a campaign to readjust prices and thus facilitate household savings.
In the neighboring country, France, after signing an agreement between the Ministry of Economy and the companies, Carrefour advanced that in the coming weeks it would offer up to 200 items for less than two euros and that it will keep the fixed prices until June. The Intermarché group has expanded the circle to 300 more items, among which own brands and some fresh products reign.
According to the Minister of Economy and Finance, Bruno Le Maire, this initiative to stop the growing price rise in the shopping basket will cost companies “hundreds of millions of euros”. This pact between the government and the French distributors has been possible after Macron retracted his create a common anti-inflation food basket for all companies. However, the companies rejected the proposal, justifying that it limited their decision-making power.
Diaz’s initiative
This first plan of the French Government was the same as the one defended by Yolanda Díaz last September. The second vice president and Minister of Labor tried to get the distribution chains to offer voluntarily a pack of basic items at a lower but closed price. But this measure did not come to prosper in time.
This past Monday, March 6, and after the news of the anti-inflation pact in France was released, Díaz rescued his proposal, assuring that the Retail Commerce Law makes it possible to limit the prices of products in specific circumstances. In addition, he stressed that inflammation reached 15.4% last January, one of the highest figures recorded so far.
Planas and Calviño applaud the French anti-inflation measures
The Minister of Agriculture, Luis Planas Puchades, has qualified that the The agreement reached between the Executive and the French distributors is “positive”. “I hope and wish that everyone does their best to be able to get reasonable and low prices for families and consumers,” she pointed out.
The first vice-president, Nadia Calviño, was quite confident in stating that surely the multinational groups, which have adopted these anti-crisis measures in France on a voluntary basis and which have headquarters in Spain, end up adopting these measures among Spanish consumers. Although, Nadia Calviño stressed the positive impact that the measures undertaken by the Government are having on the basket of basic products.