French consumption at the lowest since 2014

Consumption has never been so low, unheard of since November 2014, excluding Cavid. In the Caroline basket, much less meat than before, due to the price. “”The steak at all meals is over. We consume more than before because we can eat the same things more as before. It’s not a choice“, Says this client interviewed in a supermarket. Inflation remains 0.8% over a year in April. But food prices go upwards, especially on chocolate and sugar products, such as sodas.

Excluding food, expenses are particularly retreating in March, such as energy expenses and the purchase of new cars. At a Paris region dealer, their sales have dropped 8% since the start of the year. “”There is a rocking that is done between new vehicles and used vehicles, with customers who refer to a little older and perhaps a little more accessible vehicles“Explains Franck Malochet, director of the Alvergnas Auto group. Dry -out -broken down sectors that paralyze growth. The uncertainty of the global economic context pushes the French to save rather than spending.

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