The belgian households were able to save not less than 19.1% of their income during the first quarter of this year. This is a record and significantly more than in the previous three months, when the savings rate was “only” 12.7 %, according to statistics of the national Bank (NBB) released on Friday.
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households have been able to put aside more money because their consumption expenditure decreased by 6 % over this period. Their disposable income has also increased by 1.4% compared to the previous quarter. Although some components of disposable income have been affected negatively by the crisis of the sars coronavirus and containment, others have, however, evolved more favorably, according to the national Bank.
