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Eurozone: Household Savings Rate Decreased Significantly

Published: April 29, 2013; 12:59 · (Vindobona)

Household saving rate down to 12.2% in the euro area and to 10.7% in the EU27. Household real income per capita fell by 1.1% in the euro area.

Eurozone: Household Savings Rate Decreased Significantly / Picture: © Flickr

In the fourth quarter of 2012, the household saving rate in the euro area was 12.2%, compared with 12.8% in the third quarter of 2012. In the EU27, the household saving rate was 10.7%, compared with 11.0% 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…

This article includes a total of 263 words.

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