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The household savings rate falls to 7.5% in the first quarter due to the rise in prices

The saving rate of Spanish households stood at 7.

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The household savings rate falls to 7.5% in the first quarter due to the rise in prices

The saving rate of Spanish households stood at 7.5% of disposable income between January and March, 2.1 points below the last quarter of 2021 and the lowest since before the pandemic in a context of increase of spending.

As published this Thursday by the Spanish National Institute of Statistics (INE), this rate - calculated once seasonal and calendar effects have been eliminated, since savings normally decrease in the first and third quarters, and increase in the second

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