Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
The household savings rate in the euro area rose to 19.8% in Q4 2020, marking the second highest level since records began in 1999, data published Friday by Eurostat showed. The highest level was seen in Q2 2020 at 25.0%, before it declined to 17.3% in Q3 2020. The report noted that the increase in the savings rate is explained by a steeper decline of consumption (-3.7%) than households' gross disposable income (-0.8%).
The household investment rate increased further to 9.1% in Q4 2020, up from 8.7% recorded in Q3 and showing the highest level since 2011. Meanwhile, the business profit share rose to 40.4% in Q4 and the business investment rate ticked up to 23.4%.
Source: Eurostat
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.