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The Livret A and the Sustainable Development and Solidarity Booklet (LDDS) recorded a positive net inflow of 520 million euros in June, the lowest amount since the beginning of the year, according to the data published Monday by the Caisse des dépôts (CDC).
June is traditionally a less favorable month for the collection of the Livret A and LDDS but it had already seriously slowed down in May (640 million euros) after a start of solid year (2.4 billion euros on average over the first four months).
Collection lower than that of 2017
For the first half of the year, collection on these two tax-free savings accounts were positive at EUR 10.78 billion, slightly lower than the same period in 2017 (EUR 11.28 billion).
For Livret A only, deposits exceeded withdrawals of 280 million euros in June while the collec The net amount of the LDDS was also positive by EUR 240 million.
The total outstanding of the two books, together with capitalized interest, amounted to EUR 386.7 billion at the end of June (EUR 280.8 billion). Livret A and 105.9 billion for the LDDS), an increase of 3.9% over one year.
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