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Livret A: "No question" of increasing the remuneration of the preferred placement of the French, warns the government

2021-09-24T00:13:08.301Z


The Minister of the Economy Bruno Le Maire closed the door to this idea; inflation, currently 2.4%, is only “cyclical”.


0.5% for a long time.

There is "no question of modifying" the rate of remuneration of the livret A, the preferred placement of the French, especially in times of Covid, according to the Minister of the Economy.

Bruno Le Maire assured him this Thursday morning on France Info: current inflation is "cyclical", it will not last.

The rise in prices, which reached 2.4% over one year in August, returns, with savings tied up against a gain of 0.5% in interest, to lose money.

This is why the state adjusts this interest rate twice a year.

Inflation is "not a matter of concern," continued the minister, who pledged to take stock in November.

“For us, it's linked to a stronger-than-expected recovery, labor shortages, raw material shortages.

"

Read also Booklet A: which are the departments where we saved the most during the crisis

Since the first quarter of 2020 and the health crisis, households have set aside nearly 157 billion more than a normal year.

Payments on the livret A reached their all-time high, at 167 billion euros, an increase of 134% compared to 2019, according to the Banque de France.

Savings exploded during the Covid crisis

The total of regulated household savings - made up of deposits in livrets A, livrets de développement durable et solidaire (LDDS), popular savings accounts (LEP), home savings plans (PEL), plans d ' Popular savings (PEP) - grew by 5.5% in 2020, to reach 814 billion euros, or about 14% of household financial wealth, a stable figure.

81.5% of French people had an A booklet at the end of 2020, with an average woolen stocking of 5,500 euros.

Seven million French people hold a popular savings account, remunerated at 1%, the opening of which is subject to means-tested conditions.

15 million could actually claim it.

Source: leparis

All business articles on 2021-09-24

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