Gross Irish household savings rate at 12.9% in first quarter of 2011
Jul 14th, 2011 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
Gross Irish household savings increased by €2.76bn in Q1 2011 compared to an increase of €2.5bn in Q1 2010. The gross savings ratio in Q1 2011 which expresses gross savings as a percentage of gross disposable income is 12.9% compared to 11.6% in Q1 2010.