Debate Over Food Price Meeting: Critics Call It Ineffective

The increase in food prices is coming to a halt, according to Finance Minister Elisabeth Svantesson (The Moderate Party). The opposition is downplaying the government's meeting with the food giants in March as "a coffee break".

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Debate Over Food Price Meeting: Critics Call It Ineffective
Photo: Anders Wiklund/TT

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The food prices are still high, and it is important to remember, says Finance Minister Elisabeth Svantesson during a debate in the Riksdag about prices in daily goods retail.

The Finance Minister emphasized that the government and the Sweden Democrats have facilitated for households by reducing the reduction obligation and taxes for those who work.

In March, it was clear that food prices were driving inflation. In March, the price development began to slow down, and it persists, says Svantesson with reference to the Food Price Index.

"Has not yielded results"

In March, Svantesson called up representatives for the food industry due to the high food prices.

Mikael Damberg (S) believes that the Social Democrats have presented several proposals for better competition in the industry, labeling for "shrinkflation," and setting up a food price commission.

Instead, the government has had a coffee break with the food giants. It has not yielded results, says Damberg.

During the debate, Damberg brought up that three actors dominate the market. He demanded the government's reform agenda.

An important part is to improve. Now we are working on a new competition legislation, replied Svantesson.

The Left Party: An oligopoly

Ida Gabrielsson (V) says that "everyone should be able to put food on the table" and described it as if the Swedish market functions as an oligopoly.

The government and the Sweden Democrats are letting the food giants get away with it. It became a coffee break and "business as usual" for the food giants, said Gabrielsson, who thinks they should be ashamed.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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