Household saving rate all time high at 16.9% in the euro area

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Household saving rate all time high at 16.9% in...
 © In-Cyprus 2020
The household saving rate in the euro area increased to 16.9% in the first quarter of 2020, from 12.7% in the fourth quarter of 2019, the highest increase since 1999, according to a data release of seasonally adjusted quarterly European sector accounts from Eurostat, the statistical office of the European Union and the European Central Bank (ECB).

According to Eurostat, the household investment rate in the euro area was 8.7% in the first quarter of 2020, lower than the rate of 9.1% during the previous quarter.

The quarterly increase of the household saving rate of 4.2...


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Household saving rate all time high at 16.9% in the euro area


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Article Tags: household, saving,