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Les effets hétérogènes de l'inflation en France et dans la zone euro

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  • Erwan Gautier
  • Jérémi Montornès

Abstract

This article examines the heterogeneous impact of inflation on different categories of households in France and the euro area between mid-2021 and the end of 2023. Differences in consumption patterns between households and inflation dispersion across products generated inflation inequalities. The inflationary episode, driven by rising prices of imported goods, mainly affected households that spend a larger share of their income on energy and food. In France, inflation differentials between income quintiles were low during this period, but differentials by age and area of residence were more pronounced. Gas subsidies and price caps significantly contributed to reducing inflation inequalities. JEL classification: C43, D30, E31.

Suggested Citation

  • Erwan Gautier & Jérémi Montornès, 2024. "Les effets hétérogènes de l'inflation en France et dans la zone euro," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 193-211.
    • Handle: RePEc:cai:refaef:ecofi_153_0193
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    JEL classification:

    • C43 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Index Numbers and Aggregation
    • D30 - Microeconomics - - Distribution - - - General
    • E31 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Price Level; Inflation; Deflation

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