After a brief lull, inflation picks up. The rise in prices reached 4.8% year-on-year in August, a sharp rebound compared to July, when it stood at 4.3%, according to a first estimate unveiled by INSEE. This increase is explained by "the rebound in energy prices", in particular in connection with the 10% increase in the regulated electricity tariff on 1 August. In addition to being bad news for households, this rebound is embarrassing news for Bercy.
"I had indicated that inflation would start to slow in the summer of 2023. We are there, "said the Minister of the Economy, Bruno Le Maire, during a speech last week in Haute-Savoie. Admittedly, despite the rebound in August, inflation remains below its levels at the beginning of the year (more than 6%). In services (+2.9%) or manufactured goods (+3.1%), it is more reasonable. Nevertheless, prices are still galloping in food and in gas stations. Hence the pressure put by Bercy...
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