Ir­ish house­hold sav­ing ra­tio stands at 11.6%

China Daily - - BUSINESS -

The Ir­ish house­hold sav­ing ra­tio stands at 11.6 per­cent, ac­cord­ing to the lat­est of­fi­cial sta­tis­tics. Data re­leased by the Ir­ish na­tional sta­tis­tics bureau CSO showed that the quar­terly gross dis­pos­able in­come of Ir­ish house­holds stood at 28.03 bil­lion eu­ros ($32.23 bil­lion) in the third quar­ter of 2018 while their quar­terly gross ex­pen­di­ture stood at 24.78 bil­lion eu­ros in the same pe­riod. The de­rived gross sav­ing ra­tio of Ir­ish house­holds, which is cal­cu­lated based on the dif­fer­ence be­tween gross dis­pos­able in­come and gross ex­pen­di­ture, was 11.6 per­cent in the third of last year, said the CSO.

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