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Tuesday, 30 July 2013

Euro Area Household Saving Rate Increases to 13.1% in Q1-13, Business Investment Rate Drops to 18.8%

Eurostat reports on household savings,
In the first quarter of 2013, the household saving rate in the euro area was 13.1%, compared with 12.4% in the fourth quarter of 2012. In the EU27, the household saving rate was 11.0%, compared with 10.7% in the previous quarter.
and on business investment,
In the first quarter of 2013, the business investment rate was 18.8% in the euro area, compared with 19.5% in the fourth quarter of 2012. This fall was the result of investment decreasing (-3.4%) while gross value added remained unchanged. Total stocks (materials, supplies and finished goods) fell for the fourth quarter in a row.
In the EU27 the investment rate was 18.3% in the first quarter, compared with 19.1% in the previous quarter.

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