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The Guardian - UK
The Guardian - UK
World
Sarah Butler

France’s food industry pledges to cut prices after government pressure

A sign reads: ‘Emergency purchasing power, inflation challenge’ in the fruit section of a supermarket in Nice in March.
A sign reads: ‘Emergency purchasing power, inflation challenge’ in a supermarket in Nice in March. Photograph: Eric Gaillard/Reuters

Big food manufacturers in France have pledged to lower prices on hundreds of products next month after pressure from the government.

The French finance minister, Bruno Le Maire, said he had reached a deal with 75 manufacturers after signs that the prices being paid by the industry for raw materials had been falling.

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