Good news for French employees.
After 2022 and 2023 during which some saw their purchasing power eroded by inflation, 2024 is starting on a significantly more positive trend.
This is the main lesson emerging from a new study by the Banque de France published this Wednesday.
The institution looked at 117 sector agreements and 1,500 company agreements covering the current year.
Results: the negotiated increases stand on average at 3.5% for inflation contained around 2%, according to forecasts from the Bank of Banks.
For comparison, salaries had soared by 5% in 2023, but the gains in purchasing power had been very limited by the waltz of labels of around 4.9%.
“Wages react with a delay to inflation
,” explains Erwan Gauthier, one of the co-authors of the note and head of the microeconomic studies department at the Banque de France.
However, be careful of unpleasant surprises.
As in the past year, the increases negotiated in 2024 remain very volatile between sectors and companies.
THE…
This article is reserved for subscribers.
You have 78% left to discover.
Flash sale
€4.49/month for 12 months
I ENJOY IT
Already subscribed?
Log in