In a fractured, “archipelago” society, where lifestyles differ profoundly from one class and one community to another, are national economic indicators still relevant? Thus we are now witnessing the rise in inflation from month to month, the rise in prices calculated over the past year reaching 2.8% in December 2021, according to INSEE, then 2.9% in January 2022, 3.6% in February and 4.5% in March. There is no reason to dispute the veracity of such figures which are based on hundreds of thousands of price statements each month.
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But this rising tide, far from being uniform, does not cover everyone in the same way. Some have water in the knees, while others see their chest covered. While consumer prices for energy have jumped by 28.9% in one year and those for fresh food products by 7.2%, it all depends on the importance of these goods in everyone’s budget.
For its part, INSEE establishes a monthly index…