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Energy: the French have lost 720 euros in purchasing power


Unsurprisingly, rural dwellers, whose homes are often less well insulated, suffer more than urban dwellers.

Faced with soaring energy prices, French households lost an average of 720 euros in disposable income, or -1.3%, between January 2021 and June 2022, despite government measures, according to a study by the Insee published on Monday.

Tariff shield, discount at the pump of 15 centimes excluding tax per litre, exceptional energy check bonus, inflation compensation, etc.

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However, the State spared no effort or its wallet to help individuals get through this bad patch.

According to Bercy, 41 billion euros were spent for this purpose in 2022. Without the tariff shield and the rebate at the pump, household spending would have increased by an additional 270 euros on average between January 2021 and June 2022, according to the INSEE calculations.

Unsurprisingly, rural dwellers, who use their personal vehicle more to get around and whose homes are often less well insulated, suffer more than city dwellers.

“Their loss of disposable income corrected for energy expenditure is, after payment of aid, 910 euros on average over the period (- 1.7%), compared to 780 euros in urban units of less than 20,000 inhabitants (- 1.6 %), or even 580 euros for households living in the Paris agglomeration (- 0.8 %)”,

details INSEE.

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The loss of purchasing power is also proportionally higher for the poorest households.

Energy expenditure represents a larger share of their disposable income, ie 14% for the poorest 10%, compared to 5% for the wealthiest 10% of households.

Source: lefigaro

All news articles on 2022-12-19

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