Propensity to save lowest since 2012 (2)

Down to 7.5% in second quarter, spending rises more than income

(ANSA) - Rome, October 3 - Italian households' propensity to save, the proportion of monthly income that is put aside, dropped to 7.5% in the second quarter of 2017, down 0.2 of a percentage point on the previous three months and 1.5 points on the same period last year, ISTAT said Tuesday. The agency said this was the lowest level since late 2012. It said the quarter-on-quarter fall was determined by consumer spending rising more than incomes.
   

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