The rise in prices (excluding tobacco) between March and June for the 20% of households with the lowest incomes reached 2.01%, this indicator serving as the basis for triggering automatic revaluations of the Smic, specified the National Institute statistics at AFP.
This is the fourth increase in the Smic in less than a year, the last having taken place on May 1, with an increase of 2.65%.
For a full-time worker, the monthly minimum wage should thus increase by around 26 euros net to reach around 1,328 euros.
In addition to the annual revaluation of January 1, the Smic is indeed mechanically increased during the year by the amount of inflation for the 20% of households with the lowest incomes, if this exceeds 2% compared at the last increase.
In June, the rise in prices was driven by the further acceleration in energy prices (+33.1% year on year after +27.8% in May), food (+5.8% after +4.3%) and to a lesser extent service prices (+3.3% after +3.2%), details INSEE.
Conversely, the prices of manufactured products slowed (+2.5% after +3%).
Core inflation (excluding energy and food) remained stable over one year at +3.7%, while the harmonized consumer price index (HICP), which serves as a basis for comparison at European level , is up 6.5% year on year, after +5.8% in May.
© 2022 AFP