Growth is holding up, inflation too Economic Outlook - March 2023
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Wages
In H2 2022, the average wage per capita (SMPT) in the non-agricultural market branches accelerated sharply (+0.7% in Q3 then +1.7% in Q4). This momentum was due to the context of high inflation which favoured wage renegotiations and led to an automatic revision of the minimum wage (SMIC) in August (+2.0%), but also and more importantly to massive payouts at the end of the year of the value sharing bonus (PPV), which replaced the extraordinary purchasing power bonus (PEPA) from 1st July 2022...
Conjoncture in France
Paru le :21/03/2023