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The latest Insee data reveal the trend it challenges. Since 1979, the French savings have reached an unprecedented summit (except Covid). This phenomenon speaks of the state of mind of households. Above all, this could redistribute financial cards in France. All details in the following paragraphs!
In short
- The savings rate is 18.8 %and reveals increasing distrust of consumption.
- Despite the favorable context, the French prefer safe investments for fear of the financial crisis.
Savings sharply, despite a favorable financial context
In France Household savings In the first quarter of 2025 (compared to 17.7 % at the end of 2024) it increased to 18.8 % of its one -off income). Even more pronounced: The level of financial savings jumped by 9.8 %. This indicates a share placed in financial assets.
It is a historical record for analysts. These numbers are contrary to the Banque de France forecasts, which expected a gradual return to the level in front of Kavid (approximately 15 %).
However, it seemed to indicate everything Return of household consumption. In 2024, the purchasing power increased by 2.6 %. As for inflation, it was clearly packed. Even traditional savings products such as brochure A did not slow down accumulation (despite reducing rewards). Paradox, which is explained mainly by widespread distrust!
Crisis of Trust: Finance anxiety victim -climate consolidation
Why does such unwillingness when the economic situation improves? According to economist Philippe Crevel, a context that is economic, political, so geopolitical, leads to the French to caution. Especially refer to concerns:
- War in Ukraine;
- dissolution;
- Current policy United States;
- Growing public deficit.
All this weighs hard. Above all, this accumulation of uncertainty causes a decline in economic trust. Households are afraid of increasing taxes. They prefer to secure their resources.
This reflex could certainly calm the financial markets. As already mentioned, this is the risk Economic recovery consumption.
If the state wants to mobilize this unexpected, it will therefore have to restore the savings of trust or channels for strategic investment. Otherwise, this caution could become structural. Enough for a long overwork of French finance!
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My name is Ariela and I’m 31 years old. I have been in the area of writing a website for 7 years. I have discovered discovery and cryptocurrency for only a few years. But it is a universe that interests me a lot. And subjects treated in the platform allow me to learn more. In my free time, the singer also cultivates a great passion for music and reading (and animals!)
Renunciation
The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.