The LEP rate which is likely to fall sharply on August 1, a new automatic increase in the Smic far from guaranteed, and a new pay slip… Here are the 3 pieces of information for your money for this Thursday, June 15.
Bad news for your LEP rate
This Thursday, INSEE unveiled its latest “Conjuncture Note”. And it takes stock in particular of the future evolution of the rise in prices. Good news, it will continue to decelerate in the weeks and months to come. Already in May, inflation over one year was only 5.1%, against 5.7% expected. And in September, it should drop below 5%, to 4.6% according to INSEE forecasts.
Of course, this is excellent news for household purchasing power. But less for the remuneration of savings. Indeed, the evolution of consumer prices serves as a compass for the remuneration of the People’s Savings Account (LEP). This explains why its rate rose to 6.1% on February 1, a level without equivalent in the family of regulated savings accounts, such as the Livret A, today at 3%.
But with the ebb of inflation, the LEP rate will mechanically drop during its next revision on August 1. And the drop is likely to be significant. Here is what awaits you.
Another rise in the minimum wage in 2023?
The evolution of inflation raises another question which was mentioned this Thursday by INSEE on the occasion of the presentation of its “Note on the economy”: a possible automatic increase in the minimum wage. The last date is May 1. But it is not at all certain that it will be renewed by the end of the year. Explanations.
New payslip
From July 2023, whether you are a civil servant or a private employee, you will see the mention “ Company net amount on your payslip. A novelty, far from being trivial… especially if you receive a modest salary, synonymous with eligibility for the activity bonus paid by CAF. Concretely, we explain to you what it will change for you.