Fuel guns are seen at a gas station in Paris, France, Oct. 22, 2021. (Xinhua/Gao Jing)
France's CPI increased by 1.4 percent in March 2022, and the annual increase was 4.5 percent, the INSEE said.
PARIS, April 15 (Xinhua) -- The guaranteed minimum growth wage (SMIC) in France will increase by 2.65 percent from May 1 in order to follow the increase of the country's consumer price index (CPI) for modest-income households, the country's Ministry of Labor said on Friday.
With reference to the increase in CPI, the ministry said that the country's gross minimum monthly wage for full-time employment will be raised from 1,603.12 euros (1,732.98 U.S. dollars) to 1,645.58 euros.
A woman carries shopping bags in Nice, southern France, on Dec. 18, 2021. (Photo by Serge Haouzi/Xinhua)
The minimum hourly gross wage will increase from 10.57 euros to 10.85 euros.
The CPI for modest-income households increased by 2.65 percent between November 2021 and March 2022, according to a report published on Friday by the National Institute of Statistics and Economic Studies (INSEE).
France's CPI increased by 1.4 percent in March 2022, and the annual increase was 4.5 percent, the INSEE said. (1 euro = 1.08 U.S. dollar)
Fuel prices are displayed at a gas station in Paris, France, March 16, 2022. (Xinhua/Gao Jing)■
