“No going back”, but inflation reduced to 2%: what we know about the future evolution of prices in France

“No going back”, but inflation reduced to 2%: what we know about the future evolution of prices in France

Les prix restent élevés. Midi Libre – SYLVIE CAMBON

Le gouverneur de la Banque de France, François Villeroy de Galhau, donne les nouvelles tendances. Les prix vont beaucoup moins augmenter. Mais il reste des points noirs, prévient une association de consommateurs.

"We are winning the battle against inflation", François announced on Wednesday Villeroy de Galhau, governor of the Bank of France, on franceinfo.

"Victory is in sight" even if &quot ;we, the Bank of France and the European Central Bank (ECB), remain very vigilant, he underlines.

"A year ago, we were at the peak of inflation, at 7% in France. Today, we went back down to 3% » and "we will bring inflation down to 2% by next year", he promises, even making a commitment, "except surprise", on this point.

Prices still high

This does not mean "that prices are returning to the price of two or three years ago", he recalls. Prices will therefore remain high, but they will increase less.

"There is no going back on prices, because there is no going back either backward on pensions and salaries, which increased during that time", explains François Villeroy de Galhau.

The increase in remuneration is, however, far from having benefited all employees in France.

Excessive margins

"We are winning the battle against inflation, but we are losing the battle against precariousness", reacted, on the same radio, Rural Families. Which reminds us that inflation particularly weighs on food and that many French people skip meals.

Nadia Ziane, director of the association's consumption department, calls for more transparency on the margins "manifestly excessive" made by the food industry and mass distribution.

The government's contested choices

The association also points to certain government choices. "It is no longer understandable that we are increasing the prices of a service as essential as gas and electricity to make up the public deficit’ quot;, she laments.

For the consumer defense association, "the greatness of France is precisely to protect the price of these essential energies, to make up for it elsewhere and impose this social model on Europe.

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