France lifts Livret A interest rate to 1.7% as household savings rules change

Effective 1 August 2026, France raised the interest rate on the Livret A savings account from 1.5 % to 1.7 %, a move that also applies to the Livret Développement Durable et Solidaire (LDDS). The Livret Épargne Populaire (LEP) kept its rate at 2.5 %. At the same time, regulated electricity tariffs were increased by 2.5 % and a new rule banning telemarketing calls without prior consent took effect on 11 August.

The Livret A rate is reviewed twice a year, in February and August, using a formula that combines the Euro short‑term rate (€STR) and the semi‑annual average of inflation excluding tobacco. Analysts expect that, if inflation remains around 2‑3 % and the €STR rises, the February 2027 revision could see another increase. The French Ministry of the Economy and the Banque de France oversee the calculation and approval of the new rates.