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Press release

Households income and savings and non-financial corporation profits

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In the second quarter of 2010, the household saving rate (defined as gross saving divided by gross disposable income, with the latter being adjusted for the change in the net equity of households in pension funds reserves) was 12.7%, compared with 12.4% in the previous quarter and with 13.9% in the second quarter of 2009.

In the second quarter of 2010 and compared to the previous quarter, gross disposable income of households increased by 0.9% while final consumption expenditure increased by 0.6%. Compared to the second quarter of 2009 gross disposable income of households increased by 0.8%, while final consumption expenditure increased by 2.3%. In the second quarter of 2010 the gross disposable income of households in real terms increased by 0.3% compared to the previous quarter, and declined by 0.7% compared to the second quarter of 2009.

In the second quarter of 2010 the gross investment rate of households (defined as gross fixed capital formation divided by gross disposable income, with the latter being adjusted for the change in the net equity of households in pension funds reserves) was 8.7%, compared with 8.6% in the previous quarter and with 8.6% in the second quarter of 2009.
In the second quarter of 2010 and compared to the previous quarter, gross fixed capital formation (GFCF) of households increased by 2.7%.

Reference period: II quarter 2010

Date of Issue: 08 October 2010

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