The "The Economics of Telecoms" Report for 2012 edition highlights the significant role of telecoms in society and the economy. The report states that less than 3% of French households' spend is used for telecom services, and over 300,000 direct and indirect telecom jobs are based in France. Telecom prices have declined by -8% since 2006, compared to an inflation rate of +10%. The report also notes that telecom services are now universal in French society, with penetration rates of 85% for mobile and 76% for Internet access. The report emphasizes the importance of an ambitious and consistent industrial policy for telecoms at French and European levels.