Belgian Economy Minister Pierre Yves Dermagne made a statement after his meeting with the Belgian Food Industry Federation (Fevia) and the representatives of the price monitoring agency Price Observatory to reduce the prices of basic food products in the country.
Expressing that he expects food manufacturers to reduce food prices in supermarkets by mid-July at the latest, Dermagne stated that he requested the sector to reduce prices in food supply negotiations.
“It is unacceptable for consumers to wait months to feel the impact of the price drop in shops,” Dermagne said. made its assessment.
Noting that there are great price differences in basic food products between Belgium and neighboring countries, Dermagne noted that she will follow this issue closely.
Dermagne also said that it will disclose to the public the food manufacturers that do not take a step to reduce prices despite the decrease in costs.
With the effect of the energy crisis in Belgium in the last 1 year, the increase in basic food prices resulted in a rapid increase in prices in the markets.
However, although the prices of many basic products such as energy, grain, milk and oil have decreased in the global markets recently, this situation has not been reflected in the prices in the country.
There is also a large gap between the prices of basic products and market prices between Belgium and its neighbors France and Germany.
Many Belgians also started going to neighboring countries to save money on shopping.