Saving, wealth and consumption

Quarterly Bulletin 2001 Q1
Published on 01 March 2001

The UK household saving ratio has recently fallen to its lowest level since 1988. A key influence has been the large increase in the value of wealth, which is likely to have reduced households’ incentive to save. This article discusses the various forms of household saving and their determinants, and discusses the interactions between saving, wealth and consumption.

PDFSaving, wealth and consumption


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