Economy and macroUpdated November 9

France raises the minimum wage by 1.6% on Dec. 1.

After weeks of protests calling for better purchasing power, France has announced a 1.6% minimum-wage increase effective Dec. 1. Secondary-school and university students have also taken action. Prime Minister Sébastien Lecornu said the move is meant to respond to cost-of-living concerns without further straining fragile public finances. The two pressures sit side by side in the announcement: people want wages to go further, while the government says its response must not add strain to public finances.

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Coverage started November 9