Savings ratio

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Savings ratio

Savings ratio

The UK savings ratio fell to 4.9% in 2017 - its lowest level since 1963, when records began - down from 7% in 2016, and over 9% in 2015. With inflation eroding the value of wage increases, savings levels may well to continue to fall, with increases in debt levels also helping to boost household spending, post-Brexit.

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