The year 2023 marks “the end of a cycle initiated since the health crisis withc on several occasions exceptional aid which has played a very important role in the standard of living of the most modest”, but which is not renewed in 2023, noted Sylvie Le Minez, head of demographic and social studies at INSEE. Among the measures not renewed: the inflation allowance, the exceptional back-to-school bonus, the energy check bonuses of 100 or 200 euros paid in 2022, or the anticipated increase of 4% of certain benefits, scholarships and social minimums.
170 euros more for the wealthiest
Generally speaking, the situation results in a falling disposable income for “around 19 million households, or two-thirds of the whole”, notes INSEE, which specifies that it has however increased for 5.7 million of households. The average loss of standard of living per person amounts to 50 euros per year, but it is heavier for the lowest 10% with a loss of standard of living of 290 euros on average per person per year according to the Insee, mainly due to the end of purchasing power support measures.
For example, the non-renewal of the energy check resulted in an average loss of 150 euros of annual disposable income for 8.3 million households, estimates INSEE, but for the 30% of the wealthiest people on the other hand, the measures social and fiscal policies of 2023 are rather beneficial and lead to an average increase in the standard of living of 170 euros, we can read.
For the 10% of wealthiest households, the benefit is even more marked, with an additional 280 euros per year, mainly due to the “total elimination of the housing tax on the main residence”, details INSEE.
