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Covid-19: French savings, decisive lever of the recovery

2021-02-21T19:13:33.198Z


DECRYPTION - Since the pandemic, the French have set aside 200 billion euros. A windfall that the government wants to direct towards spending and investments.


Closure of shops, restaurants and theaters, curfew at 6 pm, travel difficulties but also fear of the future… These are all reasons that encourage the French to curb their consumption.

Since the start of the health crisis, they have put aside 276 euros per month on average, according to an OpinionWay survey for Meilleurplacement.com.

In its first calculations, the Banque de France estimates that, in 2020 and 2021, an additional 200 billion euros will have been deposited by households in their bank accounts, including 130 billion for the year 2020 alone. During these two years, the French savings flow has therefore doubled compared to usual.

Read also:

Jean-Pierre Robin: "Mobilize the savings mountain of the French to save businesses"

If the French have saved massively, it is because the State has artificially preserved their income: the cost of the crisis has been deliberately distributed between public accounts, for two thirds, and businesses, for one third.

The standard of living of households has, for its part, fallen only very slightly.

A minority

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Source: lefigaro

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