Eurozone: Household Real Income Increased 0.5 percent

Politics ♦ Published: July 31, 2013; 10:24 ♦ (Vindobona)

Household saving rate up to 13.1% in the euro area and to 11.0% in the EU27 Household real income per capita increased by 0.5% in the euro area

Eurozone: Household Real Income Increased 0.5 percent / Picture: © Vindobona.org

In the first quarter of 2013, the household saving rate in the euro area was 13.1%, compared with 12.4% in the fourth quarter of 2012. In the EU27, the household saving rate was 11.0%, compared with 10.7% in the previous quarter.

These data come from a detailed set of seasonally adjusted quarterly European sector accounts released by Eurostat, the statistical office of the…