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Inflation worries the French

2021-10-27T18:43:58.894Z


Households are concerned about rising prices, despite the good news on the employment front. While inflation seems to settle in the landscape, with a price increase of 2.1% in September after 1.9% in August, according to INSEE, households are starting to worry. The indicator measuring their confidence thus fell in October to 99, below its long-term average and down two points over one month. Despite the government's announcement of an inflation compensation of 100 euros distributed in De


While inflation seems to settle in the landscape, with a price increase of 2.1% in September after 1.9% in August, according to INSEE, households are starting to worry.

The indicator measuring their confidence thus fell in October to 99, below its long-term average and down two points over one month.

Despite the government's announcement of an inflation compensation of 100 euros distributed in December to people earning less than 2,000 euros, the French fear a deterioration of their situation.

In October, the share of households who consider that prices have increased over the past twelve months is rising sharply

, notes INSEE.

The corresponding balance gained 17 points and reached its highest level since 2012.

»

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Unsurprisingly, the opinion of households on their future financial situation, on the advisability of making major purchases or even on the evolution of the standard of living in France is also deteriorating. This ambient pessimism contrasts with the excellent news on the employment front. This paradox cannot be explained by a lack of information: the French are fully aware that unemployment is on the decline. Thus, “

in October, household fears regarding the trend in unemployment continued to decline sharply.

», Notes INSEE.

After being overwhelmingly supported by the state during the Covid epidemic, households simply display an exacerbated sensitivity to questions of purchasing power, which, according to several recent polls, remains by far the most important theme of the election presidential election for the population.

Source: lefigaro

All news articles on 2021-10-27

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