Europeans Shift Savings to Investment Funds Since 2024, ING Says

1 articles · Updated · Bloomberg · Jul 10

ING economists said Europeans have made a durable shift since 2024 toward saving in products such as investment funds rather than relying as heavily on traditional deposits.
That change matters because households in Europe still save far more than consumers in the U.S., but the new mix could eventually make some of that money more supportive of spending.
Marieke Blom and Amrita Naik Nimbalkar flagged the trend in a Friday report, framing it as a notable change in how Europeans save rather than a drop in overall caution.