If inflation weighs on the wallets of the French, it will still have a beneficial effect.
The Governor of the Banque de France announced on Wednesday morning that the Livret A rate would rise again on August 1st.
To discover
Find all the results of the legislative elections
Taxes 2022: all about your tax return
Read alsoFrançois Villeroy de Galhau: “It would be illusory to think that our debt is still costless and limitless”
Asked about the extent of this increase, François Villeroy de Galhau kicked into touch.
"
I am not commenting on the figures, it will depend on inflation and interest rates in mid-July
," he told RTL's microphone, recalling that the formula for calculating the rate of the booklet A "
Half of it is inflation and the other half is interest rates
."
This will be the second rate hike for this flagship investment in six months.
On February 1, his remuneration had doubled, from 0.5% to 1%, under the effect of inflation (+2.8% over one year in December 2021).
Since then, prices have continued to rise: +5.2% over one year in May, according to INSEE.