Why the rate of the booklet A could double on August 1, 2022 – LaDepeche.fr

It would be a second increase in a few months, after that of February 1, 2022. The rate of the Livret A could double on August 1, 2022. Inflation affects the daily life of the French, and it can also have an influence on the rate of the livret A. Indeed, as the specialized site demarchesadministratives.fr reminds us, the rate of the livret A is generally calculated according to two averages: that of the annual inflation over the last six months from which we subtract the average of the rates interbank. The next possible revision date for the Livret A is August 1, 2022, and if there is a revaluation, it will be at that time. This would therefore be a second increase in a few months, after that of February 1, 2022. A rate that would go from 1% to 1.90%? According to Capital, if inflation in May and June 2022 remains unchanged from that of April 2022, the average annual price increase over the last six months should be 4.27%. And if the average interbank rate does not change (-0.57%), our colleagues arrive at the conclusion of a passbook A rate which would be 1.85%, rounded up to 1.90%. On average the French have 5500 euros on their savings account, and in the event that the rate would increase from August 1, 2022 from 1% to 1.90%, the interests would increase over one year by 49.50 euros, or 4.125 euros per month . The decision rests with the Governor of the Banque de France. However, this increase has not yet been recorded and is not definitive. It is up to the Governor of the Banque de France to submit to the government an increase in the Livret A rate by following the calculation made by our colleagues. And if he decides to present this increase to the executive, then the Minister of the Economy must validate it. What Bercy used to do according to Capital.