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Savings: the collection of livret A continues to climb in March

2021-04-21T21:58:39.720Z


The “ant” trend of French households continued in the first quarter, a year after the start of the health crisis.


Worried about the uncertainty caused by the epidemic, households continued to save in March.

According to the latest estimates from the Caisse des Dépôts, an additional 2.8 billion euros were deposited into this product last month, when the net collection of the sustainable and solidarity savings account (LDDS) amounted to 870 million. euros.

Read also: With the accumulated savings of the French, will property prices increase?

In the first quarter, a total of 14.63 billion euros were therefore placed on these two products, which are among the most popular in France, against 9.9 billion euros over the same period in France. 2020. "

The total outstanding on the two products reached 462.9 billion euros at the end of March 2021

", specifies the deposit in a

press

release.

Evolution of the cumulative collection of livret A and LDDS since the start of the year, in billions of euros.

Le Figaro

It should be noted that the collection in March 2021 was higher than that of the same month, a year earlier, for the livret A, but less important for the LDDS.

In addition, collection slowed slightly last month, after a month of February marked by heavy deposits.

During the spring 2020 containment, households had set aside large sums, boosting collections dramatically in April. A year later, their savings are the issue of greed and the executive is counting on this money to boost the recovery and support the activity. For now, however, the French seem reluctant to spend, preferring to put aside while waiting for better days. Proof of this wait-and-see posture: since January 2020, only two months - October and December - have recorded a decline in the sums deposited in the livret A and the LDDS.

Source: lefigaro

All news articles on 2021-04-21

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