Table of Contents:
The savings landscape in Italy
In the first quarter of 2024, Italian household savings reached a new peak, with a total of 5,732 billion euros. This figure, which emerged from a report by the Unimar Study Center, shows a significant increase compared to the previous year, with an increase of 271 billion euros (+5%). The accumulation capacity of Italian families is therefore confirmed to be robust, despite the economic challenges related to inflation and rising prices.
Composition of savings
Analyzing the composition of savings, it emerges that liquidity continues to represent a fundamental part. In 2024, current accounts amounted to 1,119.2 billion euros, showing a decrease compared to the previous year. However, other tied deposits registered an increase, reaching 444.9 billion euros. This change suggests a greater propensity on the part of savers to diversify their financial choices
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The return on investments
An interesting aspect is the growing interest in more profitable financial instruments. In March 2024, equity investments surpassed other categories, representing 29.1% of total savings. This sign of confidence in the financial markets is accompanied by a continued preference for low-risk instruments, such as insurance policies and mutual funds. The diversification of investments is therefore a growing trend among Italian families
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The role of government and public policies
Giuseppe Spadafora, vice-president of Unimar, underlines the importance of savings as an engine of stability and economic development. According to Article 47 of the Italian Constitution, the government has the task of protecting and promoting savings. It is essential that public policies encourage and protect household assets, not only to preserve private wealth, but also to stimulate national economic growth
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Conclusions on future trends
In summary, 2024 marks a year of significant changes in the behavior of Italian savers. The growth in savings and the return to more profitable investments indicate renewed confidence in the economic future. Italian families are adjusting their savings and investment strategies, seeking a balance between security and return. This scenario offers opportunities both for savers and for the economy as a whole
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