Savings & investments: how are the French responding to the inflation shock?

[July 2022] Faced with the shock of inflation, household propensity to save remains very high in France but the public is worried that they won’t be able to do so. Although savings rates in 2022 and 2023 are expected to remain well above their pre-Covid average, the choice offered to French households of which assets to hold is clouded by the looming prospect of inflation and higher regulated interest rates.