The Limited Times

Now you can see non-English news...

What the increase in the Livret A will change for your savings

2023-01-31T16:35:52.320Z


The remuneration of the preferred investment of the French climbs to 3% on February 1. Other savings products are adjusting.


Savers can rub their hands.

Their savings will be better remunerated.

Indeed, this Wednesday, the passbook A rate will drop from 2% to 3% (knowing that it was only 1% in February 2022).

A boon for households, which until now had few options to grow their money without taking risk.

This revaluation owes a lot to inflation (6% in January over one year), which counts in the calculation of the livret A. The returns corrected for the rise in prices are certainly negative, but few fully guaranteed investments are doing better today .

Savers are not mistaken.

They largely deflected their savings on this medium last year (28 billion euros), due to successive rate hikes.

This is more than in 2020, at the start of the pandemic.

And they still have room to do so.

The average amount held in this savings account is around 5,000 euros.

Only one out of 10 booklet A is topped up (22,950 euros).

Increase in the yield of funds in euros

The rise continues...

This article is for subscribers only.

You have 80% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All business articles on 2023-01-31

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.