France‘s largest supermarket chains have announced that they will sell fuel at its original price to assist individuals in managing their living expenses.
Carrefour and E. Leclerc took action prior to a meeting between the government and fuel sellers.
ELeclerc, a company that sold fuel at a cheap price during weekends in the summer, announced that it will continue doing the same thing every day starting from Friday.
Carrefour will continue doing the same thing until the year ends.
Carrefour said on a social media platform, called X (formerly known as Twitter), that they are having their biggest ever fuel sale at the lowest price.
Michel-Edouard Leclerc, who is the president of the chain called Leclerc, said they did this to show support for customers who are scared of the rising prices and have less money to spend.
The fourth largest supermarket group in France, Systeme U, has announced that it will sell products at cost price. However, this will only happen on certain weekends because the company cannot afford to do it every day.
The CEO, Dominique Schelcher, said that the profit made from fuel is about two euro cents per liter on average.
Over the weekend, French president Emmanuel Macron announced that he plans to request the fuel industry to sell their products at the same price they purchased them for. Additionally, he also intends to offer 100 euro grants to the workers with low income who rely on driving to their workplaces.
The president said he will meet with industry representatives this week to request that they don’t make a profit from selling fuel. The government suggested changing the law to allow selling fuel at a cheaper price, but distributors strongly disagreed with the plan.
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Two French stores to sell petrol at market price
