Updated 27 Oct, 09:50
Danes' total bank savings fell for a second month in a row in September, to 1,309.3 billion kroner, according to figures from Nationalbanken, according to Ekstra Bladet, DR and Berlingske.
The September level compares with 1,317.7 billion kroner in August and 1,323.2 billion kroner in July. The last time Danes' combined bank deposits fell two months in a row was in January 2023.
"It is rare for a decline to happen two months in a row," said Helle Dalsgaard, an advisory manager at Sampension. "We have to go all the way back to January 2023 to find the last time that happened," she told Ritzau.
Dalsgaard said growth in bank savings is far more the rule than the exception, which she said shows that it is important for many Danes to put money aside. At the start of this year, total bank deposits stood at 1,283.1 billion kroner. At the start of 2023, when the last two-month decline occurred, they totaled 1,058.8 billion kroner.
"Despite the fall in recent months, growth in bank savings can hardly be brought to an end for now," Dalsgaard said. She pointed to widespread uncertainty among Danes about personal finances and said that could help deposits return to a growth track in the coming period.