Eurozone Household Savings Hit 14.3% in Q1, Could Release GDP Demand Worth 1%, Says ING

According to Jin10 report citing ING economists Marieke Blom and Amrita Naik Nimbalkar on July 10, eurozone household savings stood at 14.3% of disposable income in the first quarter, above the pre-pandemic five-year average of 12.5%. A decline to pre-pandemic levels could release goods and services demand equivalent to approximately 1% of GDP. In the U.S., the savings rate reached 10.2% in the final quarter of 2025, a level that could boost eurozone GDP growth by nearly 2%.
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