France is going through a historic purchasing power crisis: since 2024, families have lost an average of 1,200 euros.
Since 2019, real wages have been falling, a rare phenomenon, but social transfers and income from wealth have long compensated for this. In 2025 and 2026, this is no longer the case. As a result, purchasing power is falling for two consecutive years, which has only happened twice since 1960.
We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.
