Improvement in the purchasing power – Le Point

Good news. In 2014, the purchasing power of the French ended up 1.1%, according to Insee. This had not happened since 2011: in 2013, the purchasing power stagnated after falling 0.9% in 2012.

The French were first received gross disposable income that is to say, after payment of taxes and social contributions and perceptions of possible benefits, up 1.6% (against 0.6% in 2013). Coupled with inflation, which was smaller than expected, it has preserved their purchasing power.

An increase in higher wages to productivity

“consumer unit”, a statistical concept that allows to take into account the structure of each household (number of people and age), the purchasing power still rose 0.4%, which had not happened since 2010!

The question is whether this trend can continue. The slowdown in inflation and tax increases should still play for households this year. But much will depend on the evolution of wages. In 2014, higher than their actual increase productivity helped to fill the purses of the French. What is going to do anywhere else without problems. INSEE notes that such progress has canceled the benefit of the tax credit competitiveness employment (CICE) government for business.