Popular savings book: Towards a dizzying fall in LEP’s remuneration next August?

The interest rate of the popular savings book will decrease on August 1, 2025. Similarly, (Illustration) (Geralt / Pixabay)

With 0.88 % inflation on average over the last six months, the rate of the popular savings book could fall on August 1. Therefore,

When good news hides a bad one. For example, Since the start of the year, consumers can benefit from a very small inflation rate, limited to 0.88 % on average over the last six months. Consequently, A saving lull after several years that prices have soared. Furthermore, But this fall could lead to its wake that of the rate popular savings book: towards dizzying of the popular savings book (LEP), explains Capital . What decline should be feared during the next revision of August 1?

If the case of this savings product is particularly worried. it is because its rate is, in principle, equal to the average of inflation outside tobacco over the six months preceding its revision. By rounding up to the higher tenth the average calculated by INSEE, the LEP rate could suddenly increase from 3.5 to 0.9 %.

A doubly protected rate

Fortunately, there are certain protections to prevent such tumble from the LEP yield. First, its interest rate cannot be lower than that of the booklet has increased by 0.5 points. With a rate of the booklet A planned at 1.7 % in August, that of the LEP will therefore not be able to descend under 2.2 %.

On the popular savings book: towards dizzying other hand. the governor of the Banque de France and the Minister of the Economy can also choose to derogate from the usual calculation formula, which was the case during the last four revisions. In February, the rate should for example had to increase to 2.9 % but was maintained at 3.5 %. If the drop in the remuneration of the popular savings book is inevitable. savers will have to wait until July to find out the new rate.