French food groups agree to renegotiate prices - minister

Bonduelle SA

17/05/2023 11:48

PARIS, May 17 (Reuters) - France's food industry has
agreed to reopen price negotiations with retailers early,
Finance Minister Bruno Le Maire said on Wednesday after he put
pressure on big food companies to lower prices.
    "This is excellent news for consumers, it means that prices
are going to be renegotiated lower early, so we will be able to
break the inflationary spiral," Le Maire told journalists after
meeting with food industry representatives.
    

 (Reporting by Leigh Thomas)
 ((leigh.thomas@thomsonreuters.com; +33 1 4949 5143;))