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Falling inflation rates could have an impact elsewhere in the economy, the savings firm claim.
Easing inflation could lead to an increase in the amount people put aside in savings, according to National Savings & Investments (NS&I).
Analysis from the government-backed firm highlights cost increases in gas and electricity bills and food as key inhibitory factors against saving money. However, official figures show that inflation has dipped from a 16-year high of 5.2 percent in September to just 4.1 percent in November.
Moreover, this downwards trend is predicted to continue into 2009, in line with the general economic slowdown.
Savings rates have been shown by previous NS&I figures as being in need of a boost. The firm showed that 53 percent of Britons do not save regularly and that one in five of this group do not save at all.
A spokesperson for NS&I said: "As inflationary pressure eases, and utility bills, petrol, food, start to show less increases, or actually falls, maybe they'll have more disposable income to save, but they have got to get themselves into that mindset to actually do that saving.
"There are very few people in a position where they don't need to put some saving away to put them in a better position."
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