The year 2022 is marked by a major inflation crisis across the world. The only culprit in history is none other than the recent conflict surrounding Europe. Already, the global economic sector was in bad shape due to the shutdown of activities due to containment. Then, this new crisis came to add to their pain. It is noted that the country of the hexagon is the one which still lives very badly this situation. Since then, its purchasing power has become completely miserable! For its part, the price of basic necessities and services is increasingly unsustainable.. What products are these? We explain to you!
Inflation: INSEE is doing a retrospective of the past to determine the source of the problem!
The French are totally terrified thinking about what happened next. Many are no longer ashamed to declare that they fear for their future and their purchasing power if this crisis continues! It should be noted that it has already been 6 months since this inflation has screwed up the normal course of their lives. If it were to go on any longer, they wouldn’t give much of their skin. INSEE has made wind of the information that the rate of increase in prices has now reached 5.2% since this month !
The height in this case is that this rate is far from being constant. Over the days, it gradually increases without any remedy. This does not exclude any sector because all products and services are affected by this inflation. Recently, INSEE has just shared an official document on the evolution of the situation. He claimed that one in 4 products has already experienced an increase of more than 10% at present. By specifying in his remarks that it is essentially low-cost products!
The types of products and services that quickly succumbed to this crisis!
Admittedly, by not being in the shoes of an economist, it can be quite complex to make an objective and relevant judgment on the current inflation situation. However, we can relate in a few paragraphs the twists and turns of this story. It all started with the current situation in the east of the country! The sanction imposed on Russia for its warlike act caused the shortage of oil and of fuel in the world !
To this end, the lack of energy is the first factor of this inflation. When going to fill up at the pump every last month, motorists have noticed the price difference. This has led to an increase in the prices of public transport and raw materials! Faced with this unexpected industrialists have also taken their precaution by increasing their price. Since they suffer from the expenses generated by the transport of their goods and utility equipment!
Inflation: The crisis is taking an individualistic turn for each person!
In general, inflation is estimated to be unanimous in the world, it is even necessary to point out certain details. Its manifestation for each country and each person differs according to several contexts!
In the case of France, the phenomenon has become unbearable compared to others! In addition, its impact on each household in France is also opposed. In other words, some poor households have more difficulties than wealthy families!