For Bruno Le Maire the battle against inflation has been won

For Bruno Le Maire the battle against inflation has been won
For Bruno Le Maire the battle against inflation has been won

If the effect of inflation is far from being erased, the Minister of the Economy and Finance, Bruno Le Maire, explains that it is behind us.

If inflation returns to a usual level, prices remain at high levels

Guest on the antenna of Europe 1, Bruno Le Maire spoke about controlling inflation at the microphone of Laurence Ferrari. For the tenant of Bercy the rise in prices is behind us, the bet is won,” he explained.

The price rise is behind us, the bet is won

After increases of 5.2 and 4.9% respectively in 2022 and 2023, prices stabilize around 2% for this year 2024. “Inflation, high inflation, is behind us. I announced that we would be around 2% inflation at the start of 2024. We are at the end of May 2024 and we are around 2% inflation. The commitment is therefore kept“.

Wages start to rise faster than inflation

Better, according to Bruno Le Maire, salaries are increasing: “Most importantly, wages are starting to rise faster than inflation. So this improves the purchasing power of the French. However, we have prices at the pump which are stable or slightly decreasing. We have some food products that are decreasing, but the fact remains that you have the cost of housing which remains very high. In many areas where things are tense, we still have structural difficulties to resolve”he confirms.

INSEE confirms the decline in inflation

In May 2024, INSEE confirmed the reflux directly in France. However, when we say that inflation is calming, it is because prices continue to “increase but less quickly” but not that they necessarily fall.

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