Impact of rising energy prices on purchasing power

From 2020 to 2021, the global tensions on the energy markets, at the end of the Covid-19 crisis and under the effect of the conflict in Ukraine, caused an average increase of 18% in energy prices:

  • 20% for petrol and 24% for diesel;
  • 37% for gas;
  • 5% for electricity;
  • 41% for heating oil.

INSEE observes an increase of 24.8 billion euros in household spending between January 2021 and June 2022. This increase is highly concentrated on energy prices (55%), with consumption unchanged and excluding trend changes. prices.

Overall, the measures to support household income deployed by the State in this context (energy vouchers, tariff shield, etc.) have only slightly offset the rise in prices (120 euros out of an increase of 840 euros on average per household) .

Households residing outside urban areas, more dependent on the car and more often equipped with oil heating, were the most affected by the price increase (loss of 910 euros on average).

In proportion to disposable income, the most modest households are the most affected by the rise in prices, while for 30% of the wealthiest households this rise has a relatively weak impact.

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