Where are the risks in saving?
Published on Monday, February 26, 2018
Where are the risks in saving?
Summary
Following the marked increase seen in 2009 (to around 9% of GDP), household savings have fallen almost to all-time lows (3.7% at the end of 2017). This has led to concerns due to the possible vulnerability of households and continued growth in consumption over the next few years.
Geographies
- Geography Tags
- Spain
Topics
- Topic Tags
- Macroeconomic Analysis
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Authors
Miguel Cardoso
BBVA Research - Chief Economist