They climb faster and faster.
On Tuesday, INSEE unveiled its latest assessment of inflation, in its economic update.
In May, prices rose by 5.2% over one year, thus weighing on household confidence and their purchasing power.
The 5% inflation mark, clearly exceeded due in particular to higher energy prices, had not been crossed since September 1985. In April, inflation over one year had established at 4.8%, already the highest in almost 37 years.
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In its latest forecasts, the National Institute of Statistics estimated, however, that without the "tariff shield" on gas and electricity and the "fuel discount" put in place by the government, inflation would exceed 7% in May. , year-on-year.
At the same time, GDP was revised down in the first quarter, with a contraction of 0.2%, while analysts had rather expected zero growth.
Households are consuming less and less: -0.4% in April, again according to INSEE.
This decline in consumption is notably even more marked than what the National Institute of Statistics had previously estimated, with household purchasing power having fallen "significantly" by 1.9% in the first quarter, weighed down by the inflation.