- PolicyPolicy
Exclusive interviews with leading policymakers that convey the true policy message that impacts markets.
LATEST FROM POLICY: - G10 MarketsG10 Markets
Real-time insight on key fixed income and fx markets.
Launch MNI Podcasts - Emerging MarketsEmerging Markets
Real-time insight of emerging markets in CEMEA, Asia and LatAm region
- CommoditiesCommodities
Real-time insight of oil & gas markets
- Data
- MNI Research
Actionable insight on monetary policy, balance sheet and inflation with focus on global issuance. Analysis on key political risk impacting the global markets.
- About Us
Real-time Actionable Insight
Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.
Free AccessMNI BRIEF: Saving, Firm and Household Debts Down In 2022 - ECB
Euro area net saving dipped from EUR 668 billion in 2021 to EUR 626 billion in 2022, ECB figures show, with the household debt-to-income ratio falling from 95.8% to 93.1% over the same period.
A large dip in savings could reflect a drawdown to boost spending as the the cost-of-living soared, but it doesn't appear to have had a lasting impact on consumer sentiment as ECB chief economist Philip Lane pointed this week to a "visible improvement in the confidence of consumers and firms" over the first few months of 2023.
The debt-to-GDP ratio of non-financial corporations declined from 79.0% to 74.7%. The same firms' net lending rose from EUR 57 billion to EUR 75 billion, and that of that of financial corporations from EUR 61 billion to EUR 76 billion. EZ government's added almost EUR 60 billion in net debt, with central bankers continuing to warn both of the inflationary effects of loose fiscal policy and the build-up of financial stability risks as interest rates rise.
To read the full story
Sign up now for free access to this content.
Please enter your details below and select your areas of interest.
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.