Livret A rate will be raised to 1% on February 1, its first increase for more than ten years

The remuneration of the Popular Savings Book (LP), reservated to the most modest, will also be raised to 2.2%, announced the Minister of Economy and Finance, Bruno the Mayor, following the recommendations of The Banque de France to cope with inflation.

Le Monde with AFP

The Minister of the Economy, Bruno The Mayor, announced, on Friday, January 14, a 1% increase in the booklet at 1 February. This increase recommended by the governor of the Banque de France, is a first for more than ten years.

The minister has also confirmed the increase of the Popular Savings Book (LP) at 2.2%, compared with 1% today, recalling that “all French winning less than 20,000 euros per year have the right” to This booklet that “protects better against inflation”. The price increase reached 2.8% over one year in December.

/Media reports.