More than nine out of ten French people are concerned over the level of inflation in France, French business news channel BFM Business reported on Thursday, citing a survey carried out by Odoxa.

Iran PressEurope: The economic morale index is at its lowest, with 78 percent of respondents saying they are "less confident," compared to 22 percent who are "more confident", BFM Business said.

Some 75 percent of respondents believe that the country's economic difficulties will be more severe in 2023, and the level of inflation estimated by the French is 12.5 percent, BFM said.

According to the latest report by the National Institute of Statistics and Economic Studies (INSEE), France's consumer price index (CPI) is estimated to rebound to 6.2 percent.

President of Odoxa, Gael Sliman, told BFM Business that the French believe that inflation is as twice as high as the level reported by INSEE.

More than a third of respondents believe that inflation is above 15 percent, BFM Business reported.

According to a survey carried out on Oct. 26 and 27 with 1,005 French people over 18 years old, 46 percent of respondents said they have already used up their savings or have taken out one or more loans to meet daily expenses.


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