Supermarket: here are the 10 products that have seen their prices explode, and it’s not over

Supermarché

A wave of inflation widespread is currently undermining European countries following economic sanctions. France is not spared. Thus, some products in supermarkets are almost inaccessible to modest homes.

Conflict, weather, de many factors that drove prices up. In the supermarket, we no longer distinguish between big brand and first price products. In this regard, here are the 10 products whose prices soared the most last month.

Inflation in supermarkets

before giving you the ten most inflationary products in August 2022, here is some figures. According to our colleagues from Le Figaro, in France, inflation slowed down the month of August with 5.8% against 6.1% in July.

Supermarket
Source: Pexel

However, the product prices mass consumption do not seem to follow the same trajectory. In terms of product prices, in May, there was an increase of 4.3%. Note that in June, the rate was 5.7%.

In the same month, fresh produce increased by 6.2%. The curve continues to rise in August, the price increase reached 7.9% at the supermarket. All the products that we are going to present to you recorded an increase of more than 16%.

Supermarket: 10 products victims of inflation

As promised, here the 10 products whose prices have risen considerably during the month of August.

1. Frozen products

With the current cost of energy, in this case theelectricity and gasfrozen food prices soared. Indeed, to freeze meat, you need a lot of gas. Thereby, rising prices for these products at the supermarket is +28.64%.

Source: Pexel

2. Minced meats

The cost of energy also contributes to the increase in the price of this product. You should know that breeding is very energy intensive. Moreover, with the drought that has affected France, cereals used as food for animals are scarce.

“The rise in cereal prices has, moreover, increased the cost of animal feed,” says Iri’s Business Insight director.

As a result, minced meat experienced inflation of +21.82%.

3. Pasta

The increase in pasta prices is +19.78%. The reason is mainly the drought Canada experienced in 2021.

“Canada is a major producer and exporter of durum wheat. This climatic event has reduced the harvests while the demand is still strong, ”emphasizes Emily Mayer.

4. Food packaging

For food packaging, the increase is linked to the Covid crisis. The demands were strong and the producers could no longer keep up. The price increase is +18.35%.

5. Tissues

The price increase for this useful product on a daily basis is +18.21%. The reason is the increase in the cost of raw materials. And energy too, because stationery consumes a lot of gas.

6. Household pasta

At the supermarket, the price of household pasta increased by +17.57%. You guessed it, the reason is the same as for pasta: the shortage of wheat.

7. Cooked pasta dishes

Unsurprisingly, cooked pasta dishes are in the list. Indeed, its price has soared by +17.33% compared to last year.

Pasta
Source: Pexel

8. Paper towels

The price is increased by +16.69%. The source of this increase is the same as that of paper handkerchiefs. That is to say the rise in the price of raw materials and energy.

9. Margarine

This rise is directly linked to the situation in Europe. The raw material for making margarines comes from one of these countries in conflict. The attacked country provides 50% of the world export of sunflower oil. Due to inflation, its price increased by +16.38%.

10. Roasted coffees

Available at the supermarket, the price of this product is up +16.01% because of the freezing period in Brazil. According to Emily Mayer, director Business Insight (commercial perspectives) within the Iri:

“Overall, this inflation is also linked to events that occurred in 2021, in particular the coronavirus pandemic which led to higher transport and packaging costs. There is always a lag time between increases in commodity prices and their impact on points of sale. »

Source: Pexel

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