The rate of inflation for food shopping was just below 3% in the last three months. Compared to the same timeframe in the previous year, when it was close to 13%, it’s clear that our grocery bills are still on the rise, albeit at a more manageable pace. This could be seen as encouraging news, couldn’t it?
Even though heat and power costs have dipped from their highs and a decline is predicted for interest rates, the expenses seem to remain high. With new market entrants presumed to shake up the financial and insurance scenes, one might wonder why everything still appears costly.
We have an explanation as to why shrinkflation is painful, what measures are being taken against it by the French, and the reasons as to why we should prioritise own-brand products. Hosted by Bernice Harrison and put together by Aideen Finnegan.