Each time a month begins, it brings its share of changes with it. The month of August will therefore be no exception to the rule. Fortunately, these are increases that are in the game, but to compensate for inflation. Here’s everything you need to know about what’s to come early next month.
Purchasing power: Increases
Purchasing power: The minimum wage
Good news for all minimum paid workers. Indeed, the minimum wage will also increase early next month. So, good news or bad omen for the evolution of inflation, we prefer not to know. But with inflation becoming stronger, the State seems forced to revalue the minimum wages. Without this increase, a large part of the French would no longer have purchasing power. Thus, for the first of August, the rise in the minimum wage will be 2.01%.
Thus, we move towards a monthly Smic at €1,339.06. Currently this is at 1,302.64 euros, so it is an increase of 8.58 or 8.76 euros more. Although not high, it is not an increase to spit on.
Purchasing power: Rate of the booklet A on the increase
Good news that affects more French people. The rate of return on booklet A will also be part of the increases. Indeed, the latter not having a very high rate will be able to see itself rise a little. Thus, at the beginning of the coming month, the rate of return on the livret A will increase to 2%. This is how its highest rate for eleven years. This increase is also linked to inflation last June, which was particularly high. But, precisely, this increased rate of return will not be enough to fill the inflation which it does not cease growing for the moment. But again, don’t spit on increases, however small they may be.
On the other hand, it is not only the Livret A which is concerned by the increases. We also find the sustainable and solidarity development booklet which will also reach 2% on the same date. For the popular booklet, the increase is much greater. In fact, it goes from 2.2% to 4.6%. What make it a little more interesting than the others. But, he no longer has enough to fill the gaps 5.8% inflation in June last.
Help at the fuel pump
If basic, fuel assistance, or the 18 cent rebate was supposed to end this month, this has been reviewed. Although at the moment a potential increase is not yet certain, the discount as to it is well extended. For the moment this additional time goes until the end of August with the aim of “contain the impact of soaring fuel prices at the pump”. Although not yet decided for what will happen at the start of the school year, this discount should at least make it possible to limit the damage for the end of this summer.
End of the state of emergency
It was in March 2019, for the first confinement, that the state of health emergency was declared. This state provides rights that affect and restrict the most fundamental freedoms of citizens. Among them, the right of movement, the gauge in public places, or even confinements and covers two. But, after more than 3 yearsthis state of emergency must end at the end of the month.
Thus the Scientific Council seems to dissolve. Instead, we can count on a “committee for monitoring and anticipating health risks” if possible situations like those of 2019 were to arise again. This means that the government will no longer be able to establish rules such as wearing a maskneither lockdowns or other curfews. The beginning of a page that turns, finally.
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