Germany: Slight increase in gross financial assets

High savings resulted in a slight increase by 1% in gross financial assets in 2011, despite the unfavorable stock market performance

German households’ gross financial assets initially performed well in 2011, but their increase slowed abruptly when the stock markets slumped in the second half of the year. At year-end 2011, gross financial assets probably amounted to EUR 4.74 trillion, up from EUR 4.69 trillion a year earlier. Net financial assets came to EUR 3.18 trillion according to initial estimates.

 

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