75% of people surveyed in France believe that their purchasing power has fallen – .

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75% of people surveyed in France believe that their purchasing power has fallen – .


While fuel and food prices have been rising for months, a new survey * found that three-quarters of French people believe their purchasing power has declined this year.
Some 90% of those polled said that reducing purchasing power was a big concern in their lives, with spending on gasoline and diesel considered the most difficult cost for 44% of people to bear.

This is followed by gas expenses for heating, taxes and fuel.

The majority of respondents said they changed their lifestyle to offset rising energy prices, with 66% saying they use less heating and hot water and 58% spending less on travel and leisure.

Although the 2021 survey results appear high, the percentages were actually lower than in some previous years.

In 2018, the same year the yellow vests protests began, 86% of French people said they felt their purchasing power had declined over the past 12 months and in 2019, 83% said the same. .

Minister says high prices will last until the end of 2022

It comes as Economy Minister Bruno Le Maire has said price increases for many products will last until the end of 2022.

Speaking to BFMTV on October 20, Le Maire said, “People keep saying the increases are temporary, and it depends on what you mean by temporary.

“I don’t see any improvement until the end of 2022 at best. “

He said this was due to the global supply chain and transportation issues caused by the Covid pandemic which impacted the prices of a wide range of products.

Read more: What products are – or could be – affected by stockouts in France?

Asked about the measures that the government should take to fight against rising oil prices, the minister said he was in favor of targeted financial assistance for households in difficulty rather than a general reduction in taxes.

He said: “Help must go to those who have no choice but to use their cars to go to work or look for work. It is the state’s responsibility to protect people.

Other government sources have suggested that people who are not working, such as parents who drive their children to school, may also be eligible for financial assistance, but Mr Le Maire said it should go to employees. , the self-employed, civil servants and employment. -researchers.

An official government announcement is expected at the end of this week.

* Survey conducted online by La Voix des Territoires Odoxa – Groupama for France Bleu from October 5 to 11, 2021 among 3,010 people representing the adult population in France.

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