Decryption

Inflation: why are prices rising?

Audio 7:30 p.m.

The "inflation allowance" was put in place in the first place to respond to the sharp increase in petrol prices (illustration image).

© Bob Edme/AP

By: Anne Corpet Follow

1 min

Inflation in the euro zone has reached a record level for almost twenty-five years.

France is rather less affected than the other countries of the Union, in particular because of the support measures taken by the government.

Nevertheless: refueling your vehicle is more and more expensive, heating, lighting too, and bills at the supermarket are heavier than before.

The purchasing power of the French is decreasing, and this is their main concern.

How can this price increase be explained?

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Are the resumption of economic activities after the confinement phase and the war in Ukraine the only reasons for the label waltz?

Is the resurgence of the pandemic in China and the confinement of part of the country likely to aggravate the phenomenon?

Should wages be increased to compensate for this loss of purchasing power or, as the French Minister of the Economy says, this could cause prices to soar even more? 

Decryption with:

- 

, Professor of Economics at the

, researcher at the Laboratoire le Clersé (Lille center for sociological and economic studies and research), author of

- 

, economist, director of the Analysis and Forecasting Department of the

(French Observatory of Economic Conditions), teacher at

.

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