Orange with 6Medias, published on Tuesday, November 22, 2022 at 5:20 p.m.
The purchases of the French for Christmas are in sharp decline this year, indicated on Franceinfo the president of the stores System U, Tuesday, November 22. The prices of toys and chocolates are not immune to inflation.
Will there be fewer gifts under the tree this year? According to the president of the Système U stores, guest on Franceinfo this Tuesday, November 22, purchases of Christmas toys by the French have decreased by “20% in general”. “Toys have increased a bit this year, it’s true, so I think there is an impact on customers’ buying decision”explains Dominique Schelcher, indicating that Christmas purchases are also down by “10% at System U”.
Chocolate prices are also impacted by inflation. According to the president of the retail chain’s stores, sales of this flagship product during the holiday season fell by “8%” in general and “5% at System U”. “When things start badly, it is not certain that we will catch up with these sales”warns Dominique Schelcher on Franceinfo.
“The phenomenon affects all products”
These restrictions are not limited to Christmas shopping. “Never have we been left with so many products at checkout. The phenomenon affects all products, perhaps a little more fresh products, because they are made from agricultural raw materials, which have been very strongly impacted by inflation lately”, continues Dominique Schelcher. A phenomenon that particularly concerns the most modest French people.