Faced with inflation, the most modest French people are starting to dip into their savings

When a period of uncertainty looms, French households protect themselves against a hard blow by inflating their savings. With record generalized inflation, at 4.8% in April, this reflex is confirmed by the latest provisional figures from the Banque de France, on personal savings in the first quarter of 2022. After a slight loss of steam at the end of last year, the French deposited nearly 23.7 billion euros in the first three months of the year, against 13.6 billion in the last quarter of 2021 on regulated savings accounts. Either on the booklet A, the sustainable and solidarity development booklet (LDDS) and the popular savings booklet (LEP).