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The distribution once again defends itself against Podemos attacks: “For every euro billed, the interest is two cents”



“For every euro billed at the point of sale, distribution benefits range from two to four cents.” Thus, mass consumption returns to defend itself against the accusations made in recent months by “United We Can” that businessmen in the sector “align themselves with the inflationary situation”. “In an inflationary situation like the current one, companies don’t have much wiggle room,” Aecoc President Ignacio Gonzalez said Thursday during the Aecoc Press Awards celebration. Gonzalez emphasized that no food chain actor is “benefiting from the current rising costs” and regrets that major consumers have gone from “praised for their good work during the pandemic to receiving very serious and unacceptable accusations.” In this way, Gonzalez indicated that the rise in food prices is due to the sharp increase in costs “which clearly defines a sector that operates with very narrow margins in a situation like the current one, and companies do not have much room to maneuver. He also emphasized that distribution is a “highly competitive” sector. Where the price is a “major” factor in making consumer decisions. “We don’t have election cycles, we have elections every day, if they are not convinced of the program they change stores. It is not a monopolistic or oligopolistic market, but a market of free competition.” In his attention to the media, the Aecoc Chairman stressed that “we would like the CPI food data for January to be better,” but emphasized that “it indicates a certain downward trend, which, as the Minister of Agriculture said, should be strengthened in the coming months.” Related Record News The shopping basket is not reduced and alarms are sounded in supermarkets Antonio Ramirez Cerezo The increase in household spending is moderate despite the increase in food prices Ignacio González described the decision to cut VAT as correct for some basic food products, although he made it clear that Its impact would be even greater if it was also applied to fish and meat.”These two categories, in terms of spending, account for 34% of the Spanish food shopping basket, so lowering VAT could be more effective than focusing on products with a lower weight.” Aecoc and PwC, with the lower value-added tax on meat and fish, the latest food CPI would have been almost four points lower than the 15.4% recorded.

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