Cyprus Gross Household Saving Rate - Forecast

Personal Savings in Cyprus is expected to be -4.97 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Gross Household Saving Rate is projected to trend around 4.35 percent in 2020, according to our econometric models.


Cyprus Gross Household Saving Rate
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Cyprus Consumer Last Q1/18 Q2/18 Q3/18 Q4/18 2020
Consumer Confidence -1.2 -1.94 -3.09 -3.99 -12.6 -10.62
Retail Sales MoM -2.2 0.81 0.5 1.34 1.06 1.1
Retail Sales YoY 5.1 3.76 3 2.43 2 0.87
Consumer Spending 2755 2783 2793 2797 2799 2766
Personal Savings -5.74 -4.97 -3.94 -2.91 -1.89 4.35
Gasoline Prices 1.44 1.45 1.45 1.44 1.43 1.38
Households Debt To Income 197 201 199 197 194 165
Consumer Confidence Current Conditions 17.6 13.73 12.6 11.51 10.46 3.18
Consumer Confidence Economic Expectations 18.5 10.56 8.58 6.76 5.06 -4.61
Consumer Confidence Financial Expectations 3.5 -0.43 -1.45 -2.37 -3.22 -7.81
Consumer Confidence Major Purchases Expectations -28.6 -26.27 -25.77 -25.29 -24.84 -21.8
Consumer Confidence Price Trends -11 -4.84 -3.42 -2.08 -0.84 6.56
Consumer Confidence Savings Expectations -37.3 -39.41 -39.96 -40.43 -40.84 -42.73
Consumer Confidence Unemployment Expectations -12.3 -8.11 -6.86 -5.65 -4.49 3.32