one in two French people say that their purchasing power barely meets their essential needs

2023-10-27 05:06:07

The Economic, Social and Environmental Council (CESE) has released its report on the purchasing power of French people.

For almost 2 years, the purchasing power constantly comes up in discussions, in media and family. Subject of concern to many French people,inflation leads them to ‘deconsume’ or at least look for promotions and other ‘good deals’. This is confirmed by the very serious ‘Economic, Social and Environmental Council (CESE)’, which has just published its note.

Purchasing power: difficulties in ensuring a decent standard of living for part of the population

The report of CESE shows that for ‘one in two French people their purchasing power barely meets their essential needs, or does not meet them’, it is indicated. The analysis of socio-economic indicators reveals that the budget necessary for a decent standard of living differs greatly depending on the territory and the composition of the household.

The budget necessary for a decent standard of living differs greatly depending on the territory and the composition of the household

For part of the French population, achieve a ‘decent standard of living’is different from the ‘poverty line’, generally followed but which is limited to a monetary approach to poverty (while the decent standard of living refers to the ability to ensure a minimum and healthy family, professional and social life). health).

The ‘Economic, Social and Environmental Council’ sounds the alarm

Thus, the ‘Economic, Social and Environmental Council’ is sounding the alarm on the accumulation of tensions linked to the increase in poverty and social exclusion, the saturation of support structures and the difficulties that creates poverty on access to rights and the satisfaction of the most basic needs, as the increase in requests from food aid organizations demonstrates.

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Anxiety about the future

The rise in aggressiveness linked to difficulties in accessing the law, the increase in the feeling of injustice and abandonment on the part of public authorities, the expression of anxiety towards the future or even the difficulty of actors in the field to respond to requests, revealed by the CNLE* barometer, must be closely monitored, warns the CESE.

* National Council for Policies to Combat Poverty and Social Exclusion.

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