In Q4 2024, household gross disposable income (GDI) slowed (+0.4% adjusted for the effect of Financial Intermediation Services Indirectly Measured, FISIM), after a 1.2% increase in Q3. Social benefits remained vigorous (+1.0% after +1.3%), with the increase in additional pensions. Earned income increased moderately (+0.4% after +0.5%): employment fell back and the wage dynamic remained steady, as the effect of the early increase in the minimum wage on 1^st November was offset by the reduction in payments under the value-sharing bonus scheme at the end of the year. Property income slipped back temporarily in the last quarter with the further increase in property tax. Income from financial investments, meanwhile, stayed at a moderate pace, with the drop in income from interest-bearing products being offset by the dynamism of payments from life insurance. Social and tax contributions rebounded at the end of the year, after edging down considerably in the summer: income tax paid by households decreased across the whole of H2. Finally, household consumer prices, excluding the FISIM effect, increased by 0.2% at the end of the year, as they had done in the previous quarter. Thus the purchasing power of household GDI slowed at the end of the year (+0.2% after +1.0% in Q3)...