This note presents revised and updated estimates of sectoral saving and financial balances adjusted for the effects of price inflation on net monetary assets and liabilities. It also presents estimates of the ex ante inflation gains and fosses accruing to each sector based on a measure of implicit long-term market expectations. Since actual inflation changed by much more than this ex ante measure over the period, the ex post inflation adjustment is rather more substantial.
Inflation-adjusted sectoral saving and financial balances