MADRID, 5 Oct. (EUROPA PRESS) –

The savings rate of households in the euro zone stood at 13.7% in the second quarter of 2022, below the 15.2% of the first three months of the year and the 19.3% of the same period of the year. last year, according to data published by Eurostat.

The drop in the savings rate of households in the euro area is explained by a 3.5% increase in consumption, at a faster rate than the 1.7% growth in gross disposable income of households.

In this way, the community statistical agency indicates that the savings rate of families in the euro zone in the second quarter of 2022 was the lowest since the fourth quarter of 2019, the last full quarter before the Covid-19 pandemic. , when the rate was 13.2%.

At the time of greater restrictions due to the Covid-19 pandemic, during the second quarter of 2020, the savings rate of households in the eurozone reached 25.3%.

On the other hand, the investment rate of euro area households remained broadly stable at 10.1% in the second quarter of 2022.

Between April and June, the growth of gross fixed capital formation and gross disposable income was 1.1% and 1.7%, respectively.