Lhe Bureau du plan expects the central index to be exceeded twice this year, in October and December, and twice in 2023, in February and July.
The annual inflation rate is expected to rise to 9.4% in 2022 and 6.5% in 2023, while the increase in the “health index”, which is used, among other things, to calculate wage indexation , social benefits and rents, would reach 9.1% in 2022 and 7.0% in 2023, the Planning Bureau announced on Tuesday in its latest inflation forecasts.
The last crossing of the pivot index only dates back to last July. Consequently, social benefits and salaries in the civil service were increased by 2%, respectively in August and September. This year, the central index has already been exceeded three times: in February, April and July.
The Planning Bureau will publish its next inflation forecasts on 4 October.