Eurozone: Household income and business investment rate fell
January 29, 2013
On 29 January, Eurostat announced that household real income per capita fell by 0.3 per cent in Eurozone while the business investment rate was down to 19.9 per cent.
Household real income fell by 0.3 per cent during the third quarter of 2012, after a decrease of 0.5 per cent at last year’s second quarter. Moreover, Eurostat’s figure suggests that the real growth of actual final consumption per capita in Eurozone fell by -0.4 per cent during the third quarter of 2012. During the two previous quarters, actual consumption per capita declined by 0.4 per cent in the second quarter and 0.3 per cent at the first. Household saving rate remained almost stable in Eurozone being at 13 per cent at the end of the third quarter (during the second quarter of 2012, it was 12.9 per cent). Last but not least the household investment rate remained at low levels, being at 8.9 per cent.