A probable drop in the LEP rate coming this summer, a crucial deadline for the use of 2023 energy checks, and a positive real return for the Livret A with inflation below 3%… Here are the 3 unmissable pieces of information from this Thursday, February 29.
Today’s analysis: What awaits the LEP rate
The LEP rate could see a significant drop this summer: The Livret d’Epargne Populaire (LEP), very popular for its higher yield than that of the Livret A, risks seeing its rate fall next August. This decline is a direct consequence of the slowdown in inflation, which fell over a year to below 3% in February, a first in more than two years.
According to INSEE projections, average inflation for the first half of 2024 should be around 2.4%. This situation would lead to a reduction in the LEP rate, currently 5%, possibly up to 2.4%. However, thanks to a protection mechanism, the LEP rate cannot be lower than the Livret A rate increased by 0.5 points. Thus, a drop is expected, but it would remain limited, probably around 3.70%. Explanations.
LEP: how much will the rate cut cost you in 2024?
Reminder of the day: Don’t forget to use the energy check
The energy check is an annual aid offered to households with the lowest incomes to help them pay their energy bills or finance energy renovation work. In 2023, this aid was allocated to 5.6 million households, with amounts between 48 and 277 euros. It is crucial to note that the deadline for using 2023 energy checks is March 31. After this date, they will no longer be valid.
In addition, exceptional energy checks of 100 to 200 euros were distributed at the end of 2022 and the beginning of 2023 to 12 million households. These checks must also be used before the end of the month. Beneficiaries are therefore encouraged to use them without delay to avoid losing up to 677 euros. Here’s why.
Energy and fuel check, rental… These 5 aids that you risk losing by the end of March
Mathieu BRUCKMULLER
After a master’s degree in social law in Rennes and a third cycle in economic and social information at Paris-Dauphine, Mathieu Bruckmller… Read more
MoneyVox / MB / February 2024