The Shift in French Food Purchases and Related Economic Signals

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The TV channel reported a drop in the amount of food products bought by consumers in France. The information comes from the French National Institute of Statistics, known as Insee, as reported by BFMTV.

Journalists noted that French households reduced their food purchases by 11.4 percent since the end of 2021. This decline marks a low not seen since 1980, the year Insee began collecting this data.

Analysts explained that the change reflects shifts in consumer behavior. The contraction in purchases involves both the number of different products bought and the variety of items chosen, highlighting a broad reorientation in spending patterns on food.

Experts link the trend to inflation. Rising prices have pushed shoppers toward store brands and discount outlets, as families seek more affordable options while maintaining sustenance.

On August 10 the U S Department of Labor site reported that consumer prices in the United States rose by 3.2 percent from a year earlier in July.

Some observers point to three potential scenarios for the future of the Russian economy as discussed by former central bank officials and analysts.

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