Inflation is falling, growth is hesitant Economic Outlook - June 2023

 

Conjoncture in France
Paru le :Paru le26/06/2023
Conjoncture in France- June 2023
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Wages

In Q1 2023, the average wage per capita (SMPT) increased by +1.2%, after +1.8% the previous quarter. This slowdown was mainly due to fewer payments under the value sharing bonus (PPV) scheme, after major payouts in late 2022. In fact the basic monthly wage (SMB ) accelerated in Q1 (+1.5% after +0.9% at the end of 2022), linked to the fact that increases in consumer prices were taken into consideration in wage negotiations and to the automatic revision of the minimum wage (SMIC) at the beginning of the year (+1.8% on 1st January)...

Conjoncture in France

Paru le :26/06/2023