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There is "no question" of modifying the rate of the livret A for the moment, declares Bruno Le Maire

2021-09-23T16:52:01.560Z


"We will take stock in November," added the boss of Bercy, who is counting on "cyclical" inflation. Bad news for savers attached to the A booklet: there is " no question of modifying it " for the moment, announced the Minister of the Economy on Thursday. Its rate, fixed at 0.5% for over a year, is now lower than inflation, weakening its attractiveness. But the remuneration will not budge for several months. Read alsoPurchasing power up sharply over five years " For the moment, there is no ques


Bad news for savers attached to the A booklet: there is "

no question of modifying it

" for the moment, announced the Minister of the Economy on Thursday.

Its rate, fixed at 0.5% for over a year, is now lower than inflation, weakening its attractiveness.

But the remuneration will not budge for several months.

Read alsoPurchasing power up sharply over five years

"

For the moment, there is no question of modifying the rate of remuneration of the livret A

", indicated Bruno Le Maire at the microphone of FranceInfo, despite this high inflation. The increase in prices does not worry the boss of Bercy, who is counting on cyclical inflation: "

It is consistent and logical, when activity starts again strongly, that inflation increases,

" he noted. "We will take stock in November, for now, I am focused on preparing the 2022 budget. One thing after another," added the minister, who is waiting to see the evolution of inflation over the next few years. months before deciding.

Despite its low remuneration, now below inflation, the livret A remains a flagship product for savers: in August, cumulative inflows since the start of the year exceeded 19.5 billion euros, a level however lower than 24.5 billion euros saved over the same period a year earlier.

Over the last twenty months, the French have drawn in their booklet only twice, at the end of 2020.

Work, a central axis to defend the purchasing power of households

For the minister, the purchasing power of households has been well defended during the five-year term of Emmanuel Macron, increasing "

by 1.5%

" since 2017. And this, despite the health crisis. The government emphasizes “

employment

” and fair remuneration for work as a central means of improving the purchasing power of the French, and cites certain measures, such as the exceptional increase in the energy check. "

We protected the employment of the French during the crisis, it is a way of protecting purchasing power

", he justified.

Yet despite this overall increase, holes in the racket remain. And, according to an OpinionWay-Square poll for

Les Echos

and Classic Radio published on Monday, 56% of French people feel that their purchasing power has rather decreased since 2017. Only 8% believe that it has increased, the rest considering that it has remained stable. “

The French are not mistaken, if they have this impression. The feeling that the French have is always correct,

”noted the Minister. Without contesting the feelings of our fellow citizens, Bruno Le Maire has assumed a “

coherent and clear policy

”, centered on work.

True to his line, Bruno Le Maire has also opposed an increase in taxes on the wealthiest households to repay the debt.

Do you think that it is by taxing the richest that we will solve the debt problem in France?

I don't believe it for a second,

”he said.

Source: lefigaro

All news articles on 2021-09-23

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