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PARIS (Reuters) -The head of France's biggest supermarket chain E. Leclerc said on Monday it was still selling Pepsi after rival Carrefour ditched PepsiCo products in the latest tug-of-war between retailers and global food giants over prices. Michel Edouard Leclerc also told BFM TV he was optimistic that food inflation in France would return to a range of 2.5% to 3% this year as consumer goods companies had become "more reasonable".

The head of France's biggest supermarket chain E. Leclerc said it was still selling Pepsi after rival Carrefour ditched PepsiCo products.

E Leclerc: France has been gripped by a debate over the price of staples, with retailers claiming producers' price increases are unjustified. The government has demanded retailers and suppliers finish annual price negotiations in January, two months earlier than usual, as it seeks to lower inflation.

E.Leclerc has maintained its leadership position in France, seeing its sales rise 1.6% in the four-week period to 26 November.