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Household Savings Rate

Dáil Éireann Debate, Thursday - 25 October 2018

Thursday, 25 October 2018

Ceisteanna (111)

Bernard Durkan

Ceist:

111. Deputy Bernard J. Durkan asked the Minister for Finance the extent to which savings in the various financial institutions have fluctuated over the past ten years; and if he will make a statement on the matter. [44588/18]

Amharc ar fhreagra

Freagraí scríofa

I am informed by the Central Bank that it publishes monthly data on the total household deposits (as distinct from savings) with financial institutions (banks and credit unions) in Table A11.1 (available at the following link:

 CentralBankFinancialInstitutions Savings

The data show that since January 2009 household deposits declined from €98 billion to reach a low of €91 billion in November 2011, and have steadily increased since then to €103 billion in August 2018.

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