What to do about inflation? The case of France

Since the beginning of summer 2022, inflation in France has been around 6 per cent. According to the latest available forecasts, carried out by the National Institute of Statistics (Insee), prices increased by 5.9 per cent between August 2022 and August 2021, after rising 6.1 per cent in July. ‘This slight drop in inflation is due to a slowdown in energy prices, particularly those of petroleum products’, the institution pointed out. But it does not reverse the steady increase in prices that began in mid-2021 and strengthened following Russia’s invasion of Ukraine.