Back to the Mitterrand years.
Inflation jumped in France, according to INSEE, by 4.5% over one year in March, against 3.6% in February, its highest since December 1985. Over one month, on average, price increases reach 1.6%.
The statistical institute unsurprisingly attributes this sudden surge in inflation to
“an acceleration in the prices of energy, food and, to a lesser extent, services”.
The invasion of Ukraine by Russia has indeed hit the international markets for hydrocarbons but also agricultural raw materials, and accentuated the pressure on prices, which had already been strong for several months in a period of very rapid recovery. of the economy in the post-Covid period.
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Inflation: the building shaken by price increases
The cost of energy thus soared by 29% over one year.
Before the government discount of 15 cents per liter came into effect on Friday, the price of fuel thus remained on average above 2 euros per liter on Thursday.
The bill for fresh produce was increasing...
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