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National economy

Households’ saving rate fell in the second quarter of 2022

Statistics:
Reference period:
2022, 2nd quarter
Published:
Next release:
Publication type:
release

According to Statistics Finland, households’ seasonally adjusted saving rate fell in April to June from the previous quarter. In April to June, the saving rate was -2.5 per cent. Consumption expenditure grew relatively more than disposable income. Households’ investment rate remained on level with the previous quarter. The profit share of the non-financial corporations sector grew from the previous quarter and stood at 35.6 per cent. The investment rate of the non-financial corporations sector remained on the previous quarter's level, being 26.3 per cent.

Key points

  • The profit share of non-financial corporations grew steeply in April to June. The profit share grew because the operating surplus, or non-financial corporations' profits, grew more than wages and salaries paid. The investment rate of the non-financial corporations sector remained unchanged.
  • The seasonally adjusted value added of financial and insurance corporations grew by 1.9 per cent and the operating surplus fell by 0.3 per cent compared with the quarter last year.
  • General government total revenue grew more than total expenditure in April to June. The sector's surplus amounted to EUR 1.4 billion.
  • Households' adjusted disposable income grew at current prices by 3.1 per cent and adjusted for price changes it diminished by 1.2 per cent compared to the quarter last year.
  • The current account was EUR 6.2 billion in deficit in the second quarter of 2022.

Data revisions

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16.09.2022

Revisions in these Statistics

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Nata Kivari
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029 551 3361
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