While the conflict in Ukraine has been bogged down for more than a year now, the French are measuring one of the indirect effects in their wallets every day.
The wave of inflation, unprecedented for half a century, however also has its roots in the post-Covid recovery of the year 2021 where an insufficient supply compared to demand, aggravated by bottlenecks in the supply chains. world markets, drove prices up.
While the spike in energy prices that coincided with the start of the Russian invasion of Ukraine has subsided lately, food products have taken over.
In March, according to statistics published Friday by INSEE, the inflation rate over one year fell slightly, to 5.6% against 6.3% in February.
This general statistic masks a rise in food prices at a spectacular level: 15.8% in March against 14.8% a month earlier.
In this context, it is hardly surprising that purchasing power is…
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