Households’ saving rate was close to zero in the second quarter of 2023release | Quarterly sector accounts 2023, 2nd quarter
According to Statistics Finland, households' seasonally adjusted saving rate in April to June remained roughly on level with the previous quarter. In April to June, the saving rate was 0.9 per cent. Consumption expenditure, which is directly affected by high inflation, grew in practice almost as much as disposable income. The investment rate of households fell slightly from the previous quarter.
- The seasonally adjusted profit share of non-financial corporations fell by -0.4 percentage points from the previous quarter, being 28.7 per cent. Non-financial corporations’ investment rate remained on level with the previous quarter, at 29.6 per cent.
- Seasonally adjusted value added of financial and insurance corporations grew by 8.4 per cent and operating surplus grew by 13.8 per cent compared to the previous quarter.
- The financial position of general government weakened by EUR 1.7 billion from the quarter twelve months back.
- Households' adjusted disposable income grew at current prices by 10.2 per cent and adjusted for price changes by 4.9 per cent compared to the quarter last year.
- Exports of goods and services at current prices contracted by 7.8 per cent and imports by 11.9 per cent from the quarter one year ago.
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