Saving in Austria Decreases

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…