February is here! While this month is eagerly awaited by many, and dreaded by others, it also has a number of new features and changes in store for us, including a rise in electricity rates, as well as an increase in toll prices and a drop in gas prices. Let's take a look at what's in store for you in France from February 1, 2024.
In contrast to the Livret A rate, which remains at 3%, the Livret d'Epargne Populaire (LEP) has been reduced by one percent, from 6% to 5%.
For the vast majority of French people, electricity bills are set to rise again, by up to 10%, following the government's decision to withdraw from the tariff shield.
Inflation: electricity taxes to rise in 2024, end of tariff shield
While the energy crisis seems to be easing, the French are still paying high prices for electricity. And this is unlikely to change in 2024, as the government plans to increase taxes during the year. [Read more]
On February 1, 2024, gas suppliers must lower their prices, with average rates of 0.12144 euro per kilowatt-hour (kWh) for a household using gas for hot water and cooking, and 0.09851 euro per kWh for a household heating with gas.
To continue the string of increases, motorway networks will be raising toll prices by between 2.7% and 3.08%, and even up to 5.83%, from February 1, following a 4.75% rise in 2023.
The last straight line to take advantage of the winter sales. They are due to end on February 6.
The 2024 summer sales run from June 26 to July 23, 2024. To mark the occasion, shopping malls and department stores in Paris and the Ile-de-France region are changing their opening hours, and offering special events for shopaholics! [Read more]
The minimum wage for VTC drivers will rise from 7.65 to 9 euros per trip. For passengers, this change will mean an increase in the minimum fare!
If you regularly use apps like Uber or Bolt to get around, the price of the ride home will increase in 2024, with a minmum of 10.60 euros per trip, to better remunerate drivers. [Read more]
As of February 17, the Digital Services Act will come into force in France, providing better protection for consumers on the Internet. Digital players will now be obliged to prohibit the distribution of illicit or harmful content, or illegal products.
Inflation: electricity taxes to rise in 2024, end of tariff shield
Summer sales 2024 in Paris: opening hours and exceptional store & mall openings
Paris: VTC fares to rise in 2024, to a minimum of 10.60 euros a ride
