Good news for savers. The passbook A rate will be increased from 2% to 3% from February 1, announced Bruno le Maire, special guest at 1 p.m. on France 2 on Friday the 13th. January. This revaluation, linked to the rise in prices and monetary rates, remains however below inflation, at 5.2% on average in 2022. Follow our live.
The popular savings account rate (LEP) was also raised to 6.1%. The livret A (the favorite placement of the French with 55 million subscriptions, according to data from the regulated savings observatory) is not the only one to benefit from a small shock. The popular savings account (LEP) sees its rate increase in 2023 from 4.6 to 6.1%. “We will be the only country in Europe which will offer its compatriots a guaranteed savings account at a rate higher than inflation”boasted Bruno Le Maire on France 2. Finally, the sustainable and solidarity development booklet (LDDS) will increase to 3%.
The Livret A rate has been revalued due to inflation. This is the main explanation. After one price increase measured at 5.2% over the year 2022, inflation could stand at 7% at the start of 2023, according to a recent note from INSEE. However, this indicator partly influences the calculation of the remuneration of the booklet A. This explains why the level of remuneration of the booklet A had already experienced two successive increases in 2022, to go from 0.5% to 1%, then to 2% on August 1.
The increase in the livret A is not indexed to inflation. It should be remembered that, despite the high level of inflation, the rise in passbook rates is not automatic in France. It is decided by the Ministry of the Economy, on the advice of the Banque de France, which carries out a new calculation every six months.