The Livret A garnered 1.87 billion euros net in April, a marked slowdown compared to the previous month, according to figures released on Thursday, May 19, by the Caisse des dépôts et consignations. This figure is lower than the 3 billion euros of last March or April 2021, which corresponded to a period of confinement in France, with the closure of schools. On the other hand, it is more or less the collection (i.e. the difference between deposits and withdrawals of money) of April 2019, before the start of the Covid-19 pandemic. At the time, the Livret A had garnered 1.9 billion euros. This flagship savings product signals a return to normal, which had already been initiated at the end of 2021. But the doubling of the rate to 1% from February seemed to cause a jump in savings, which seems to be fading.
