People in Germany have also increased their wealth in the second year of the pandemic and are richer than ever overall.
However, growth flattened out in the third quarter of 2021, as the Deutsche Bundesbank announced in Frankfurt on Friday.
The financial assets of private households consisting of cash, securities, bank deposits and claims against insurance companies rose to a record value of around 7,399 billion euros.
That is 73 billion euros or 1.0 percent more than in the previous quarter.
In the previous quarters, there had been growth of more than 2 percent.
The Bundesbank data does not show how the enormous sum is distributed.
Again more consumption
The easing of restrictions to combat the corona pandemic boosted consumer spending in the third quarter of 2021.
People put less money on the high edge than in previous months.
According to the information, private households increased cash and deposits by 11 billion euros, less than in 2016. The Bundesbank spoke of a partial "normalization of the increased savings caused by the pandemic".
Nevertheless, cash and bank deposits, for example in current and overnight accounts, again made up the largest item at almost 2,921 billion euros at the end of September 2021.
Because of the low interest rates, savers don't earn anything with it, but they can access their money quickly if necessary.
Profits on the stock exchanges with shares (8 billion euros) and with shares in investment funds (2 billion euros) were reported to be significantly lower than in the second quarter of 2021 with 26 billion euros each.
The holdings in insurance and other old-age provision products increased by almost 20 billion to a good 2549 billion euros.
In the third quarter, too, people in Germany took advantage of the low interest rates to borrow money.
Less debt, net financial assets rose by around 42 billion euros to 5,379 billion euros compared to the second quarter.
The data does not include real estate that has been showing strong increases in value for years.