From February 2023, this famous savings account will see its rate increase from 2 to 3.3%. In question ? Inflation.
Lately, the French have had to deal with a terrible price hike in all sectors of our economy. Energy, food, insurance… Everywhere, prices are soaring and coming down household purchasing power . According to INSEE, inflation approached 6% in December 2022. In this context, the State has increased pensions and also the minimum wage . But to help people build up savings, the Livret A interest rate will evolve from February 2023. To help you see more clearly, here is a short summary.
Inflation is not only a problem when it comes to paying bills or shopping at the supermarket . It also threatens your savings, placed warm on a savings account. Indeed, with 100 euros in January 2022, you could probably buy much more product than today. If you had placed 100 euros in a current account (without interest rate), you have lost purchasing power. This is because prices have increased by 5.9% over the past 12 months.
To compensate the adverse effects of inflation , it is therefore necessary to turn to the side of the safest investments. Also, savings accounts will become even more profitable next month. Asked about France 2, our Minister of Economy , Bruno Le Maire, confirmed that the interest rate of the booklet A would change. 'Good news: the rate of the booklet A will increase, from February 1, from 2 to 3%. » Or another savings account, the LDDS , will experience an increase in its interest rate. Indeed, his remuneration follows that of the booklet A.
The remuneration of this investment must evolve in line with inflation. However, change does not happen automatically . Also, the government has already increased his remuneration, there is little. The interest rate had thus risen in February, then in August 2022. This is the third consecutive increase. » Very good news for the millions of French people who use this booklet for their savings .
Nevertheless, some were expecting a 3.3% increase. An increase refused by François Villeroy de Galhau, Governor of the Banque de France . “If the calculation formula, taking into account on the one hand the rise in prices (…), had been applied to the letter, the rate of the livret A would have even been increased to 3.3%. » Indeed, he estimates that a rate 'too high would be very unfavorable to the financing of social housing and city policy'. Despite this increase, this interest rate remains well below the rate of inflation .
If you do not yet have an A booklet , the time has come to open one. But know that if you meet the LEP criteria, it is a superb alternative. To be able to see use of this investment , you must reside in France. But there is also a criterion of resources not to be exceeded. Your reference tax income (RFR) must therefore not exceed 21,393 euros per tax share.
Source : Europe 1source: foozine.com