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Household savings will continue to fall this year due to inflation and lower income, according to CaixaBank

CaixaBank Research, the entity's study service, estimates that the savings rate of Spanish households will continue to fall this year to around 7%, due to an increase in consumption, "spurred on by inflation", and a lower advance gross disposable income.

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Household savings will continue to fall this year due to inflation and lower income, according to CaixaBank

CaixaBank Research, the entity's study service, estimates that the savings rate of Spanish households will continue to fall this year to around 7%, due to an increase in consumption, "spurred on by inflation", and a lower advance gross disposable income.

This is stated in its monthly report for the month of May in which it analyzes in an article the saving of families in the current situation of rising inflation. CaixaBank Research states that the saving capacity of families "is


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