The president of Mercadona, Juan Roig, has acknowledged that over the previous yr his grocery store chain has considerably elevated the costs of its merchandise. “We have raised costs rather a lot. It’s true. But if we hadn’t generated a catastrophe within the manufacturing chain,” he stated.
An announcement that he made this Tuesday within the presentation of the outcomes of the distribution firm in 2022.
Roig has proven his concern with the present scenario. “Costs have risen by 12%. We have solely handed on 10% to the shopper. We are very involved about inflation. It impacts lower-income prospects,” stated Mercadona’s high shareholder, who defined that “the Shopkeepers wish to decrease costs, not increase them. If you go overpriced, prospects go to the competitors.”
However, when requested concerning the evolution of costs and if they’re going to proceed rising, he acknowledged that “I do not know. These are very unhealthy months. We do not know the way the world goes to work. When is the conflict going to finish? We would really like They will come down. We will battle to the loss of life.”