France Implements Key Price and Policy Changes Starting February 1

Electricity prices drop by 15% while tobacco, tolls, and gas rates increase; savings account interest rates are reduced.

Electricity bills for 24.4 million households and businesses will decrease by 15% as regulated tariffs are lowered due to reduced energy market costs.
Interest rates for savings accounts, including the Livret A and LEP, will drop to 2.4% and 3.5%, respectively, reflecting lower inflation.
Tobacco prices will rise slightly, with some cigarette packs increasing by up to 30 cents, as part of a phased plan to reach €13 per pack by 2027.
Toll rates on French highways will increase by an average of 0.92%, marking a smaller rise compared to previous years influenced by inflation.
The cost of gas for heating, cooking, and hot water will see a minor increase, with the price per kilowatt-hour rising by up to 1.07%.