Household saving rate stable at 12.6% in the euro area

Household saving rate stable at 12.6% in the euro area

Household saving rate stable at 12.6% in the euro area

The FINANCIAL -- The household saving rate in the euro area was 12.6% in the third quarter of 2016, stable compared with the second quarter of 2016.

The household investment rate in the euro area was 8.5% in the third quarter of 2016, compared with 8.6% in the previous quarter.

These data come from a first release of seasonally adjusted quarterly European sector accounts from Eurostat, the statistical office of the European Union and the European Central Bank (ECB).