Irish households still saving money at higher rate post-pandemic - CSO
Households saved €19 billion in 2023, half of which went into fixed assets like property
Source: irishtimes.com
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Households saved €19 billion in 2023, half of which went into fixed assets like property
Consumers are savings less as rising prices force them to spend more.
Lingering cost pressures continue to weigh on households going into the festive period.
Households continue to stuff spare cash into banks and credit unions.
The budget surplus was €2.3bn in the second quarter, its highest ever level for the time of year, thanks to bumper taxes.