Autumn sets in in France, and with it comes several important changes for the French people’s wallets. From October 1, 2024, numerous measures come into force, impacting various aspects of daily life. Increases are planned for some social assistance, while other sectors will see price increases. Let’s take a detailed look at these developments which will affect many households.
Revaluation of housing assistance and small pensions
Good news awaits beneficiaries of personalized housing assistance (APL). APLs will be revalued by 3.26% on average from October 1st. This increase, aligned with the national increase in rents, aims to support households in the face of inflation in the real estate market. The rental benchmark index for the second quarter of 2024 served as the basis for this calculation.
As for retirees, a measure resulting from the pension reform provides financial relief. Around 850,000 retirees will see their pension increase by an average of 50.94 euros per month. This increase will be effective from the September pension, paid on October 9. It mainly concerns retirees with the lowest incomes, offering a welcome boost in the face of the rising cost of living.
These increases are part of an uncertain economic context, where the new government of Michel Barnier seeks to balance social support and control of public spending.
Increase in gas prices and new measures in Paris
Unfortunately, not all the news is positive. The benchmark gas sales price will increase by 5.36% to October 1. This increase occurs in a context of market liberalization, following the removal of the regulated gas sales price. Suppliers now freely set their prices, which can lead to significant variations for consumers.
To cope with these increases, it may be wise to explore more economical heating alternatives. Save on your heating this winter by stocking up on pellets in summer! This solution could allow you to significantly reduce your energy bill.
In Paris, two important measures will come into force:
- The speed on the ring road will be reduced from 70 to 50 km/h from October 10, a controversial decision by Mayor Anne Hidalgo.
- SUV parking will become more expensive from October 1, with hourly rates reaching 18 euros in the center and 12 euros in the peripheral districts.
Telephone security and energy renovation
In the field of digital security, significant progress can be noted. A new system aimed at preventing the usurpation of landline telephone numbers will be implemented on October 1st. This measure will protect consumers against telephone scams, by making it impossible to pose as a URSSAF agent, a bank advisor or any other professional.
Furthermore, faced with energy challenges, new options are opening up to finance the renovation of housing. Energy renovation: a new use for your employee savings could interest you if you are considering improving the energy efficiency of your home.
Summary table of changes as of October 1
| Measure | Change | Effective date |
|---|---|---|
| APL | +3.26% on average | October 1, 2024 |
| Modest pensions | +€50.94 per month on average | October 9, 2024 (September pension) |
| Gas prices | +5,36% | October 1, 2024 |
| Paris ring road speed | Reduction to 50 km/h | October 10, 2024 |
| SUV parking in Paris | Price increase | October 1, 2024 |
These multiple changes reflect a policy of adjustment in the face of current economic and social challenges. While certain measures aim to support the most vulnerable households, others are part of an ecological and security transition approach. It is essential for each citizen to be informed about these developments in order to best adapt their budget and habits to new economic realities.
