Published on August 16, 2022
The war in Ukraine has led to an inflation that amounted to 6.1% last month and the price of food has increased by 7%. The French population despairs and wonders how they will make ends meet at the end of the month and in the months to come. Many people are forced to go shopping at hyper-discounts as opposed to the big distributors where prices are only increasing.
Faced with this price increase in all sectors, the Government has decided to increase the SMIC (minimum wage) by 2.01% from 1st August, i.e. 26 euros net per month.
On August 3, the Government also adopted social support revaluation of 4% in the “purchasing power” bill which includes family allowances, RSA (income support), work bonus and 3.5% personal housing benefits.
The revaluation transfer will be sent to the beneficiaries from August 18 onwards by CAF.