Data presented in this press release are derived from Quarterly non-financial accounts by institutional sector (QSA), that include Quarterly non-financial General government account. QSA are estimated at current prices and expressed in millions of euro. Data for Consumer households and Non-financial corporations are presented in seasonally adjusted form. Data for the General government are not seasonally adjusted.<\/p>\n
General government account<\/strong> Consumer households<\/strong> The gross saving rate of Consumer households (defined as gross saving divided by gross disposable income, the latter being adjusted for the change in the net equity of households in pension funds reserves) was 7.5%, compared with 7.7% in the previous quarter and 9.0% in Non-financial corporations<\/strong> Data presented in this press release are derived from Quarterly non-financial accounts by institutional sector (QSA), that include Quarterly non-financial General government account. QSA are […]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4082],"tags":[3192,3186,3364,3254,3206,3387,3225,3228,3344,3759,3550,3230,3250,3348,3336,3263,3365,3283,3234,3220,3361,2968,3415],"regione":[],"tema":[4057,4059,4065,4069],"class_list":["post-22572","post","type-post","status-publish","format-standard","hentry","category-press-release","tag-accounts","tag-consumptions","tag-current-balance","tag-debt","tag-deficit","tag-expenditure","tag-exports","tag-gdp","tag-general-government","tag-gg-accounts-income-savings-and-profits","tag-gg-quarterly-accounts","tag-household","tag-imports","tag-income","tag-profits","tag-investments","tag-primary-balance","tag-production","tag-public-finance","tag-revenue","tag-saving","tag-flash","tag-value-added","tema-enterprises","tema-households-economic-conditions","tema-national-accounts","tema-public-administrations"],"meta_fields":{"data_pubblicazione":"20171003","descrizioneperiodo":"Second quarter 2017","titolobreve":"Quarterly non-financial sector accounts","news":"In Q2 2017 gross consumer households saving rate was 7.5%, deficit\/GDP was 0.5%","news_rss":"Data presented in this press release are derived from Quarterly non-financial accounts by institutional sector (QSA), that include Quarterly non-financial General government account. QSA are estimated at current prices and expressed in millions of euro. Data for Consumer households and Non-financial corporations are presented in seasonally adjusted form. Data for the General government are not seasonally adjusted.","sottotitolo":""},"acf":[],"wpml_current_locale":"en_US","wpml_translations":[],"tags-info":[{"id":3192,"label":"accounts","slug":"accounts"},{"id":3186,"label":"consumptions","slug":"consumptions"},{"id":3364,"label":"current balance","slug":"current-balance"},{"id":3254,"label":"debt","slug":"debt"},{"id":3206,"label":"deficit","slug":"deficit"},{"id":3387,"label":"expenditure","slug":"expenditure"},{"id":3225,"label":"exports","slug":"exports"},{"id":3228,"label":"GDP","slug":"gdp"},{"id":3344,"label":"general government","slug":"general-government"},{"id":3759,"label":"GG accounts income savings and profits","slug":"gg-accounts-income-savings-and-profits"},{"id":3550,"label":"GG quarterly accounts","slug":"gg-quarterly-accounts"},{"id":3230,"label":"household","slug":"household"},{"id":3250,"label":"imports","slug":"imports"},{"id":3348,"label":"income","slug":"income"},{"id":3336,"label":"income savings and profits","slug":"profits"},{"id":3263,"label":"investments","slug":"investments"},{"id":3365,"label":"primary balance","slug":"primary-balance"},{"id":3283,"label":"production","slug":"production"},{"id":3234,"label":"public finance","slug":"public-finance"},{"id":3220,"label":"revenue","slug":"revenue"},{"id":3361,"label":"saving","slug":"saving"},{"id":2968,"label":"statistics flash","slug":"flash"},{"id":3415,"label":"value added","slug":"value-added"}],"categories-info":[{"id":4082,"label":"Press release","slug":"press-release"}],"_links":{"self":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/22572","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/comments?post=22572"}],"version-history":[{"count":0,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/posts\/22572\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/media?parent=22572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/categories?post=22572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tags?post=22572"},{"taxonomy":"regione","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/regione?post=22572"},{"taxonomy":"tema","embeddable":true,"href":"https:\/\/www.istat.it\/en\/wp-json\/wp\/v2\/tema?post=22572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nIn the second quarter of 2017 total expenditures and total revenues for General government grew respectively by 1.6% and 1.3% compared with the second quarter of the previous year. The increase of total expenditures results from an increase both in current (+1.3%) and in capital expenditures (+4.8%). The increase in total revenues is due to the growth of current taxes on income and wealth, taxes on production and imports and social contributions.
\nThe General government deficit (net
\nborrowing) to GDP ratio was 0.5% in the second quarter of 2017, compared with the 0.4% in the second quarter of 2016. The tax burden ratio was stable (41.8%) compared with the second quarter 2016.<\/p>\n
\nIn the second quarter of 2017 gross disposable income of Consumer households increased by 0.2% with respect to the previous quarter and final consumption expenditure by 0.4%. Compared with the second quarter of 2016 gross disposable income of Consumer households raised by 0.9% and final consumption expenditure by 2.7%. Gross disposable income of Consumer households in real terms remained unchanged compared with the previous quarter, and decreased by 0.3% compared with the second quarter of 2016.<\/p>\n
\nthe second quarter of 2016.
\nThe gross investment rate of Consumer households (defined as gross fixed capital formation divided by gross disposable income) was 5.9% in the second quarter of 2017, unchanged with respect to the previous quarter and 0,1 percentage points higher compared with the same quarter of 2016 (5,8%).<\/p>\n
\nThe gross profit share of Non-financial corporations (defined as gross operating surplus divided by gross value added) was 41.5% in the second quarter of 2017, compared to 41.6% in the previous quarter and 42.0% in the second quarter of 2016.
\nGross investment rate of Non-financial corporations (defined as gross fixed capital formation divided by gross value added) was 20.3% in the second quarter of 2017, compared with 20.1% in the previous quarter and with 19.8% in the second quarter of 2016.<\/p>\n","protected":false},"excerpt":{"rendered":"