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Confirmed: France’s minimum wage will increase in November
A 2% rise will see the wage rise above €1,800 per month for the first time
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More everyday French supermarket products accused of ‘shrinkflation’
Cordon-bleu, yoghurts, and ham are in the firing line, with prices up to 25% higher for lower quality items
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3% rate on France’s main regulated savings account to stay this year
Court rejects appeal by law professor for twice yearly updates as is set in the rules
Livret A interest rate to remain at 0.75%
Connexion explains how the Livert A interest rate will remain the same.
The interest rate of Livret A and LDD tax-free savings accounts has been maintained at 0.75% and will stay at this level until at least August 2017. There will be no review in February 2017. The rate should have dropped to 0.5% if the basic formulas had been applied, due to low inflation, however it is being maintained on the advice of the Banque de France Traditionally the rates are reviewed in August and February.
The rate for new plans épargne logement dropped this summer from 1.5% to 1% (existing ones maintain their original rate)