French tightening belts – media ...News

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French tightening belts – media
Consumers have been cutting down on expenses, according to research Sales volumes at major retail chains in France have declined in the first three months of the year against a backdrop of soaring prices, news channel BFMTV reported on Friday, citing a study by analytical center the Circana Institute. “Faced with inflation, the French reduced their purchases in the first quarter. According to the Circana Institute, supermarket sales in the first three months of this year fell by 5% compared to 2022,” BFMTV stated. It indicated that surging prices pushed the turnover of large-scale retailers up by 9.1% during the s

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