What products are affected by the price increase?

In a press release published Thursday, September 15, INSEE said that food prices increased in August by 7.9% over one year. What products are impacted?

The receipt continues to make us leap . Beyond the soaring prices of gas and of the electricity , food prices are rising. This observation, the French have been doing for several months as soon as they make their courses . And this Thursday, the National Institute of Statistics and Economic Studies confirmed it by communicating the estimation results.

According to INSEE, the rise prices of feed is accelerating 'due to the rebound in fresh produce prices' . Food prices would then have increased by 7.9% per year in August, i.e. 1.1% more than in July. INSEE also pointed out that in August again, there was a slowdown in the rise in consumer prices, falling from +6.1% in July to +5.8% over one year. But this number is results of one lower energy prices , especially the price of oil.

Most affected by the price hike

At the top of the list of the most rising prices: the food . In August, the prices displayed on the shelves were up by 10.2% against 8.8% in July. As to milk , to cheese and to eggs , they note a 'acceleration' of +10.9% ie 2.9% more than in July. Finally on the last step of the podium, the prices of breads and cereals increased with an increase of 9.1% (7.6% in July). In a weaker momentum, the prices of fresh fruits are also on the rise, as are those of alcoholic and non-alcoholic beverages .

In August 2022, the prices of consumer goods sold in supermarkets increased by 8.1% https://t.co/bgC57Pdo1d

— Insee (@InseeFr) September 15, 2022

A lower price increase for the rest of the products

'The rise in fresh produce prices is less sustained than the previous month' , underlines INSEE in its press release. This concerns the prices of fresh vegetables a you fresh fish and this means that the increase in their prices was less rapid in August than in July. But 'excluding fresh products, food prices are accelerating sharply ' , details the Institute, '+8.6% after +7.1%' last July. More generally, in August 2022, the prices of FMCG sold in large retailers (hypermarkets and supermarkets) increased by 8.1% over a year.

According to the government, no improvement is planned for the moment . A forecast of the 2022 inflation was even revised upwards, from 5% to 5.3%. And 2023 does not seem to bode well... The executive is now basing itself on a inflation still high , at 4.2%. This is much more than the intended goal.