To describe the rise in the prices of gas, electricity, diesel and raw materials, many use the expression “transitory”.
Including Bruno Le Maire, the Minister of the Economy.
Behind this word, the idea that inflation would be temporary.
If it's temporary, when will the economy improve?
On BFMTV this Wednesday, the Minister of the Economy tried a prognosis: “It all depends on what is meant by transitory.
I do not see any improvement before the end of 2022, at best, ”he said, in an evening devoted to the purchasing power of the French.
According to the minister, "supply tensions are likely to last throughout 2022, which is the only obstacle to even stronger and more dynamic growth".
As Bruno Le Maire points out, inflation is one of the only major indicators in the red.
For the end of 2021, INSEE forecasts 6.25% growth and a drop in unemployment from the unemployment rate to 7.6%.
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and price increases: Bruno Le Maire "sees no improvement before the end of the year 2022" https://t.co/VsnUJPCSpU pic.twitter.com/TImw7vpTAT
- BFMTV (@BFMTV) October 20, 2021
This is precisely what gets stuck.
The economy is restarting very strongly, in France and around the world.
All companies are increasing their orders.
However, it is not possible to satisfy everyone, and prices are increasing.
This directly impacts the purchasing power of the French.
The fuel check track
How will the government respond to the situation?
The executive has not decided, but Bruno Le Maire believes that the fuel check is "the most fair and efficient solution", because it could respond in a targeted manner to the increase in fuel prices.
"I think this is the fairest and most efficient solution from an environmental point of view," said the Minister.
A definitive answer must be given at the end of the week.
In addition, Bruno Le Maire indicated that the bonus of 6,000 euros for the purchase of an electric vehicle will be maintained.
"We continue to support households to accompany them towards the ecological transition," he said.
VIDEO.
Emmanuel Macron wants to "produce in France, 2 million electric and hybrid vehicles" by 2030
The minister believes that France must also modify its energy mix, to protect itself from fluctuations in the prices of raw materials.
"We must accelerate the construction of our independence vis-à-vis fossil fuels".
To do this, he mentions nuclear and renewable energies, two sectors that will benefit from the investments of the France 2030 plan.
