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French retailer Carrefour to freeze prices on 100 products to fight inflation

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BM.GE
23.08.22 14:30
544
Carrefour will freeze prizes on 100 everyday products.

That's according to the French supermarket on Monday (August 22).

The company said items from tinned sardines, to rice and washing up liquid would have prices frozen.

It comes following pressure from President Emmanuel Macron's government for business to help tackle inflation.

French oil major TotalEnergies and shipping giant CMA CGM also took steps in July to cut prices.

That as they faced a supertax on record profits.

Earlier this year, French supermarket group Leclerc froze prices on the 120 most-bought products through to July.

Carrefour said it would freeze prices until November 30.

Data showed this month that French inflation rose 6.8% in July.

That was lower than most other EU countries due to government caps on power and gas prices, Yahoo News reports.

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