Eurozone household saving rate was 14.6% in the first quarter of 2010; US rate was 3.8% of disposable income in March
Jul 29th, 2010 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
The household saving rate fell in both the Eurozone and EU27 for the third quarter in a row: In the first quarter of 2010, the seasonally adjusted gross saving rate of households was 13.0% in the EU27, compared with 13.4% in the fourth quarter of 2009. In the Eurozone, the household saving rate was 14.6% in the first quarter of 2010, compared with 15.0% in the previous quarter. The US rate was 3.8% of disposable income in March.