French finance ministry: food industry not profiting from inflation

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A study by the French finance ministry has concluded that the food industry as a whole, including retail chains, has not overpriced goods under cover of inflation, and that retail prices have risen mainly due to the high cost of agricultural raw materials.

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A recent study by the French finance ministry has concluded that the agricultural sectors, including food companies and retailers, aren’t taking advantage of inflation to disguise higher margins, reports Food Ingredients First.

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