2023-09-26 17:24:31
Published on September 26, 2023 at 5:09 p.m. Updated on September 26, 2023 at 5:24 p.m.
Soaring fuel prices, high food prices: this fall, the question of purchasing power is catching up with the government while inflation is resisting. After four months of deceleration, it regained strength in August, reaching 4.8% over one year according to INSEE. A rebound driven by the reduction in the tariff shield on electricity and the surge in the price of oil.
These upheavals have not undermined the executive’s confidence: in his 2024 finance bill which will be presented this Wednesday, he continues to bet on a decline in inflation. It would be reduced from 4.9% on average this year to 2.6% in 2024. This deceleration in prices, combined with a stable labor market, should allow households to regain purchasing power, which would support consumption and therefore economic growth expected at 1.4% next year by Bercy.
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