This time, it’s official. As feared, the rates of your regulated savings booklets (Booklet A, LDDS, LEP) will decrease well from August 1, 2025. The Minister of Economy and Finance, Eric Lombard, confirmed this Wednesday, July 16, in a press release. As we had anticipated, the rate of booklet A will thus fall by 2.4% currently in 1.7%, Or a strict application of the calculation formula. It will be the same for the Sustainable and Solidarity Development Booklet (LDDS), the rate of which is always equal to that of booklet A.
For its part, the popular savings book (LEP), reserved for modest income savers, goes from 3.5% to 2.7%. Despite a substantial drop (-0.8%), Bercy again decided to follow the recommendations of the Governor of the Banque de France, François Villeroy de Galhau, who had recommended, earlier in the day, to grant a new “boost” at the LEP rate. Under the decree of January 27, 2021, the latter, which must always be 0.5% higher at the rate of booklet A, could indeed fall to 2.2% (1.7% + 0.5%) on August 1.
Inflation in net decline which penalizes the remuneration of your savings
If the stroke of planer is real for the savings of the French, it was expected, given the decline in inflation. Indeed, the remuneration of these three booklets is partly or completely correlated at the level of the price increase. However, the latter has reflected considerably since January 1: over the first six months of the year, the average of inflation outside tobacco is established at 0.9%while it was still 2.3% last year over the same period, or 5.6% between January and June 2023. Thus, these savings products – which have been able to bring back in recent years up to 3% for booklet A, and 6.1% for the LEP – will make their holders gain much less.
Between August 1, 2025 and January 1, 2026 (date of payment of annual interest), a booklet has fueled at the average outstanding (7,000 euros) will generate 49.58 euros in interestAnd 162.56 euros If it is filled with the ceiling (22,950 euros). For a LEP filled in the average outstanding (6,500 euros) interests will only be 73.12 euros. And on the ceiling of 10,000 euros, they will not exceed 112.50 euros. However, Bercy recalls that despite the decline, “these booklets will continue to fulfill their role of protection against inflation, with rates clearly higher than the price increase, expected at less than 1% over the year.”
