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Tuesday, March 19, 2024Consumers

Inflation: the French are still worried and cautious

Inflation : des Français toujours inquiets et prudents

The economic crisis continues, and consumers’ budgets continue to suffer. To find out how the French are coping with this situation and managing their finances, Ifop-Fiducial conducted an opinion poll for Sud Radio.

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The survey was conducted among a sample of 1,206 people. Interviews were conducted by self-administered online questionnaire from March 5 to 6, 2024.

Results

According to panelists, price rises are structural and sustainable over time (82%).
They confide that inflation:
• Has an impact on their purchasing power (92%)
• Worries them (92%)
• Should be a priority for government action (90%)
• Will have an effect on their consumption (84%)
Only 23% think it will have a positive impact on the economy.

More than four out of five French people (84%) believe that inflation will change their habits. Slightly more timidly among the wealthy (70%), this statement is shared by all (84% of the upper middle classes, 87% of the lower middle classes and 89% of modest and poor people),“ comments IFOP. “We can already see that French people’s behavior has changed. They are depriving themselves, cutting back on vacations and Christmas presents. In total, 59% of French people often restrict themselves due to lack of money. Even more worrying, 53% of French people regularly give up buying certain everyday products.”

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