In the news this Thursday, January 4…

by time news

2024-01-04 00:02:00

Economy. Inflation figures for the month of December will be published by INSEE this Thursday, January 4. In November, inflation continued to decline in France, falling to 3.5% over one year compared to 4% in October, according to the National Institute of Statistics. In its latest forecasts published in mid-December, INSEE anticipates inflation at 2.6% over one year next June, compared to 3.7% at the end of 2023 and around 6% at the start of the year. After peaking at almost 16% in the spring, food price inflation should clearly stall at 1.9%. The Banque de France predicted that inflation would reach 5.7% on annual average in 2023 and fall to 2.5% in 2024, measured here according to the harmonized consumer price index (HICP) allowing comparison between European countries.

Policy. Gérald Darmanin is organizing a meeting with the prefects on the immigration law, “to start applying the text”. A meeting which takes place when potential problems of unconstitutionality of the text have been raised. Emmanuel Macron had referred the matter to the Constitutional Council in order to verify whether certain measures of the immigration law respect the Constitution or not.

Diplomacy. Olivia Grégoire, Minister of Small and Medium Enterprises, Commerce, Crafts and Tourism is traveling to China. She goes to Shanghai then to Harbin. Several meetings with leaders of SMEs, large companies and French entrepreneurs are organized by the France China Chamber of Commerce and Industry.

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