Saving in Austria Decreases
Published: April 7, 2011; 07:12 · (Vindobona)
According to Statistics Austria, Household saving rate down to 9.1% in 2010.
Saving in Austria Decreases / Picture: © Vindobona.org
In 2010, the net saving rate of households in Austria was 9.1%. Thus, the savings rate dropped down significantly - compared to 11.1% in 2009 and 11.8% in 2008. According to the provisional results of Statistics Austria’s quarterly sector accounts, final consumption of the household sector grew by 2.6% in nominal terms, whereas household disposable income increased by only…
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