'economics' - tagged features

In France there’s sudden concern about rising food prices. In the land of gourmet chefs, people are worried about the cost of their weekly shopping bill with the prices of some foods have suddenly gone through the roof. Producers and distributors say it’s due to price increases around the world. But consumers wonder if they're being ripped off. Politicians are paying attention. With local elections coming up this month, no one wants to take responsibility for a drop in living standards. 

In early September, bread and cake prices began to increase in Parisian bakeries. The French baguette is often considered as the indicator for inflation and purchasing power in France. Increases in the price of bread caused politicians to argue for increased competition and for retailers to enforce price rises that they've been looking for, for some time.