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This report analyzes the latest data from the Quarterly National Accounts provided by National Statistics, focusing on real quarterly growth rates in both consumption and income. It examines trends in consumer behavior, disposable income growth, and overall economic health. Additionally, the report highlights the saving ratio, providing insights into how much income households save in relation to their consumption. This critical data aids in understanding economic patterns and the financial well-being of the population.
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Source: Based on data from Quarterly National Accounts, National Statistics (Series ABJR, HAYO and NRJR) 1. Real quarterly growth in consumption and income
Source: Based on data from Quarterly National Accounts, National Statistics (Series NRJS) 2. Saving Ratio