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Purchasing power: presidential candidates deemed not very credible

2022-02-17T18:56:02.962Z


EXCLUSIVE - If the proposals taken individually seduce, the contenders for the Elysee Palace fail to convince the French.


The boomerang return of inflation for several months has given the government cold sweats, whose main obsession, in the midst of the presidential campaign, is to avoid at all costs that all the efforts made to improve the standard of living of the French people be annihilated.

The fear of households is, it is true, real.

Admittedly, according to a recent note from the Directorate General of the Treasury, purchasing power has actually increased significantly, between 4% and 6%, depending on the profile of households, over the past five years.

And this, mainly thanks to the massive tax reductions undertaken like the progressive abolition of the housing tax for all by 2023. However, consumer prices, already up 2.9% in January over one year, should still increase sharply by more than 3% in the coming months, according to INSEE.

In addition to the explosion in energy prices observed since September, those of food products and manufactured goods…

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Source: lefigaro

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