The elections are behind us, but the refrain will not stop:
"
Purchasing power
is the first concern of the French."
We've only been hearing that for nine months, since the annual increase in consumer prices crossed the 2% mark in September 2021, then rising to 2.2% (over twelve months).
An eternity ago: this same inflation rate just reached 5.2% in May!
Last fall and in the presidential pre-campaign, there was panic on board: in mid-October Jean Castex, Prime Minister, announced
"inflation compensation"
exceptional amount of 100 euros for 38 million French people, those whose net income (after tax and social assistance included) does not exceed 2000 euros per month, or 75% of the 51 million adults.
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Our compatriots are gnawing their blood, and they would lack each 490 euros per month
"to be financially comfortable",
according to the latest CSA Research monthly barometer for Cofidis (the credit company).
It is considerable...
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