France's price hikes: Households bearing the brunt of inflation

For years, inflation rates have largely stayed below targets in developed nations despite economic growth, but the pandemic has changed the equation. In France, the annual consumer inflation index is now at 3.4 percent, a 13-year high driven largely by skyrocketing energy costs. Fuel prices at French pumps are currently at all-time highs. With energy prices wreaking havoc on budgets, many French households are changing their habits. We take a closer look.