Household savings

Household savings

  • Fact: #

According to the Savings Institute of South Africa in the period 1994 to Q1 2012, the household savings rate dropped from 2.7% to -0.2%. This means that South Africans were spending more than they earned in the first quarter of 2012. (http://bit.ly/1bClkS4)

This week’s theme: Economic data

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