The French continued to save massively in 2021. After a record collection in 2020 (26 billion euros), the livret A garnered 15 billion euros last year, according to data from the Caisse des dépôts published this Friday .
By adding the sustainable and solidarity development booklet (LDDS), the collection amounts to 19 billion euros, against 35 billion euros in 2020.
Read alsoLivret A, LDDS, LEP… A boost in sight for regulated savings products
On the other hand, in the month of December 2021 alone, the trend was towards outflows on the Livret A account. The French indeed withdrew 1.7 billion euros more than what they deposited in their savings accounts. savings, whereas December is traditionally a collection month.
Conversely, the LDDS earned 600 million euros.
Increase in the Livret A rate on February 1
According to Philippe Crevel, director of the Cercle de l'épargne, interviewed by AFP, the negative collection of the livret A in December is explained by the fact that "
the French had fun
" for the end of year celebrations, after almost two years marked by the pandemic, as well as by the rise in prices, particularly of energy, which reduced their savings capacity.
This inflation should mechanically lead to an increase in the rate of the preferred savings account of the French on February 1 next, set today at 0.5%.
While the strict application of the calculation formula should have resulted in a rate of 0.8% according to the Banque de France, the government decided to round to 1%.
This increase is the first for ten years, and will also apply to the LDDS.
Read alsoThe rate of the booklet A rises to 1% on February 1
In total, savings on the Livret A at the end of December 2021 amounted to 343 billion euros, up 5.1% compared to the end of 2020. Including the LDDS, the total rises to 470 billion (+4 .8% over one year).
