Inflation: the calendar of aid to come in 2023

For 17 months, inflation did not rest. Between June 2021 and November 2022, inflation in the euro area continued to rise. Covid-19, war in Ukraine, weather events… The causes of this price increase are multiple and have continued to fuel a decline in the purchasing power of French households.

In September, the record figure of 10.6% was reached in the euro zone, before falling back to 10% the following month, reports Capital. In France, the rate was still much lower since the record figure was reached in October and November with a rise in the consumer price index of 6.2% according to INSEE.

In some key areas, however, this price increase was much higher than these figures. This was particularly the case for food. Over one year, inflation in this area was 12.1% in November. Some products such as meat then experienced a price increase of 13.7%, while for milk, cheese and eggs, it rose to 16%, still in November.

Faced with this rise in prices, the cost of living has risen sharply for the French. Thus, since September, the government has implemented a number of measures aimed at supporting household purchasing power. For example, a pump aid had been adopted to reduce the amount of fuel. While this will end on December 31, others are planned or have been extended for the coming year. Discover the list of aid that will support your portfolio in 2023.