European Union Gross Household Saving Rate  Forecast


Personal Savings in European Union is expected to be 10.14 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Personal Savings in European Union to stand at 10.34 in 12 months time. In the long-term, the European Union Gross Household Saving Rate is projected to trend around 10.44 percent in 2020, according to our econometric models.


European Union Gross Household Saving Rate
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European Union Consumer Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Personal Savings 10.2 10.14 10.27 10.26 10.34 10.44
Retail Sales Mom -0.2 0.28 0.24 0.24 0.24 0.24
Retail Sales Yoy 2.7 3 2.93 2.93 2.94 2.95
Economic Optimism Index 112 112 111 109 107 101
Consumer Spending 1962089 1970863 1979194 1986741 1993674 2033689
Consumer Confidence -2.3 -2.19 -2.06 -2.02 -2.01 -2
Consumer Confidence Current Conditions -8.5 -6.71 -5.75 -5.23 -4.94 -4.58
Consumer Confidence Economic Expectations -5 -4.39 -4 -3.91 -3.88 -3.87
Consumer Confidence Financial Expectations 0.2 0.15 0.13 0.12 0.11 0.11
Consumer Confidence Major Purchases Expectations -14.6 -14.66 -14.57 -14.51 -14.46 -14.27
Consumer Confidence Price Trends 18.3 18.1 18.09 18.08 18.08 18.08
Consumer Confidence Savings Expectations -0.4 -0.58 -0.59 -0.59 -0.59 -0.59
Consumer Confidence Unemployment Expectations 3.5 1.39 1.41 0.83 1.27 1.26