Thierry Cotillard, head of Intermarché: "The hypersensitivity to price is such that there is a risk of deconsumption if food inflation exceeds 2% or 3%"

Thierry Cotillard, president of the Mousquetaires group, warns of declining food consumption and potential economic recession. He highlights tensions in negotiations with manufacturers over pricing, exacerbated by rising costs linked to the conflict in Iran. Distributors are hesitant to adjust prices despite increased industrial costs, raising concerns about consumer purchasing power and social unrest.