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Households caught in a pincer movement between increasingly heavy compulsory expenditure and soaring prices

Rent, electricity, telephone: so-called "pre-committed" expenses now absorb around 30% of French people's disposable income. Because these are incompressible, the most vulnerable find themselves trapped by the surge in energy prices and are forced to make sacrifices to pay their bills.

Translated from French Read in French

Households caught in a pincer movement between increasingly heavy compulsory expenditure and soaring prices

We haven't written up this one. Le Monde Economie has the full story — the link below goes straight to it.

Read the original at lemonde.fr →

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