Anne de Guigné: “Inflation is here to stay and no one wants to admit it”
CHRONICLE – Geopolitical tensions are structurally pushing prices upwards. Yet politicians everywhere act as if they had control over inflation.
In the wake of Hormuz, energy prices are pushing inflation up. Prices at the pump range up to 2.40 euros per liter of diesel in France. Consequence: diesel consumption has fallen by almost 8% over one year, since the start of the year in the country.
With the onset of winter, it is the turn of households, which heat with oil, to experience a surge in their bills. Difficult ends of months now structure political debates in the West. In the United States, the Democrats hope to play on the frustration of their fellow citizens to win the midterm elections on November 3.
They promise, in essence, that with them, there will be an end to inflation.
Machine-translated from French
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- Le Figaro1 Nov, 16:23
| Publisher Le Figaro (established tier) | +76 |
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