Household saving rate up to 12.3% in the euro area

Household saving rate up to 12.3% in the euro area

Household saving rate up to 12.3% in the euro area

The FINANCIAL -- The household saving rate in the euro area was 12.3% in the first quarter of 2017, compared with 12.1% in the fourth quarter of 2016.

The household investment rate in the euro area was 8.9% in the first quarter of 2017, 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).