Finland Times

Monday, 29 April, 2024
Home BUSINESSHousehold expenditure higher than income in Q3
Print
Mon, 22 Dec, 2014 01:43:35 AM
FTimes Report, Dec. 22

The saving rate of the household sector was slightly in the negative as consumption expenditure exceeded the disposable income in the third quarter of 2014.

Adjusted disposable income describing households' economic well-being contracted slightly year-on-year, according to Statistics Finland’s data.

Households' saving rate was 1.3 per cent in the third quarter of 2014 and the figure was +1.3 in the previous quarter.

The profit share of the non-financial corporation sector decreased a little from one year ago, while expenditure on wages and salaries remained unchanged.

The profit share of non-financial corporations, or the share of profits in value addition, grew slightly to 21.9 per cent, said the data derived from the quarterly sector accounts.

The investment rate of non-financial corporations was 24.1 per cent.

The investment rate did not change much compared with the previous quarter.  

The saving rate refers to the proportion of savings in disposable income.

Most of households' investments were investments in dwellings.

Households' adjusted disposable income decreased from the corresponding quarter in 2013 by 0.8 per cent adjusted for price changes as per the statistics.  
 

 

comments powered by Disqus
More News

 
   
Copyright © 2024 All rights reserved
Developed By -