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4 matches for " households savings":
National accounts data released last week rewrote the recent history of households' saving.
The economy would have ground to a halt last year had households not reduced their saving rate sharply.
The economy's fragility was underlined by the Q3 national accounts, released just before the Christmas break.
The trend in retail sales no longer looks quite so flat, following yesterday's May report. The level of sales volumes in April was revised up by 0.3%.
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