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COVID-19 Savings Glut Continues in Q4 2020

Total German Savings 2020 Reached €334bn, Up 51% YoY

Germans Saved Another €80bn in Q4 2020, Up 61% YoY

German Savings Rate 2020 Reached 16.3%, Up From 10.9% 2019

German Savings Rate Peaked at 20.1% in Q2 2020