Purchasing power in France should increase by 1% this year, or 380 euros, anticipates the French Observatory of Economic Conditions. Labor income will drop by 40 euros in 2024, according to the French economic observatory.
The observatory highlights “very different dynamics” between sources of income in recent years, marked by “two specific shocks”, Covid and the energy and inflationary crisis. Households belonging to deciles 2 to 7, i.e. 60% of households, experienced drops in purchasing power of between 0.3% and -0.8%. That of decile 8 was stable.