Macron feels the heat as France's inflation reaches 7.2%

[pellinore]

Zut alors! Even the usually charmed President Macron hasn’t been able to escape the ravages of inflation that have afflicted Europe.

Until now, France has avoided some of the huge price leaps experienced elsewhere, mainly because of the country’s sensible nuclear energy strategy which has protected it from the worst of recent sky-high fuel prices.

So Macron won’t be pleased to see the latest inflation figures for February setting a French record at 7.2 per cent, up from 7 per cent in the previous month.

https://www.thisismoney.co.uk/money/comment/article-11804055/MAGGIE-PAGANO-Macron-feels-heat-French-

Edited March 1 by pellinore

[Ell]

To correct for inflation they will have to drink less wine.

 

It is therefore to be expected that the number of people sleeping under the bridges in Paris will drop dramatically.

 

This will hit the tourism sector hard.

 

Inflation is a vicious cycle.

Edited March 1 by Ell

[pellinore]

6 minutes ago, Ell said:

To correct for inflation they will have to drink less wine.

It is therefore to be expected that the number of people sleeping under the bridges in Paris will drop dramatically.

This will hit the tourism sector hard.

Inflation is a vicious cycle.

Tourism is dependent on the number of rough sleepers? That's a novel thought.

Edited March 1 by pellinore

[Ell]

14 minutes ago, pellinore said:

Tourism is dependent on the number of rough sleepers? That's a novel thought.

It might be cynicism?