The Limited Times

Now you can see non-English news...

Purchasing power up sharply over five years

2021-09-22T20:34:34.514Z


For 2022, Bercy expects a further average increase of 1% after 2.2% in 2021. The French don't necessarily realize it, but their purchasing power - the amount of goods and services that an income can buy - has increased significantly under Emmanuel Macron's five-year term, despite the recent increase in the economy. 'inflation. Olivier Dussopt, the Minister for Public Accounts, repeated it again during the budget presentation on Wednesday. “The increase in purchasing power


The French don't necessarily realize it, but their purchasing power - the amount of goods and services that an income can buy - has increased significantly under Emmanuel Macron's five-year term, despite the recent increase in the economy. 'inflation.

Olivier Dussopt, the Minister for Public Accounts, repeated it again during the budget presentation on Wednesday.

“The increase in purchasing power each year has been higher than the average for previous years,

” he insisted.

To read also

Olivier Dussopt: "The party aims to be the backbone of the majority"

The last decade had indeed been weighed down by the very bad wines of 2012 and 2013, years when the available purchasing power of households had fallen by 0.4% and then 1.2% according to INSEE.

For 2022, Bercy expects a further average increase of 1% after 2.2% in 2021, 0.4% in 2020 despite the sharp decline in activity, 2.6% in 2019, 1.4% in 2018 and 1 , 7% in 2017.

This continuous increase in purchasing power is explained by the drop in household taxation and by the increase in their income.

Tax side,

This article is for subscribers only.

You have 68% left to discover.

To cultivate one's freedom is to cultivate one's curiosity.

Continue reading your article for € 1 the first month

I ENJOY IT

Already subscribed?

Log in

Source: lefigaro

All news articles on 2021-09-22

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.