Amount of disposable income rises for Irish households

Amount of disposable income rises for Irish households

The amount of disposable income available to people rose in Q3 2012

The amount of disposable income available to Irish households rose slightly in Q3 2012, according to the latest figures from the Central Statistics Office (CSO).

The new figures show that Irish households had a total of just over €23 billion in disposable income in the months July, August and September – an increase on the €22.515 billion from Q2.

Consumption spending also increased, but only by €64 million, to €19.319 billion – meaning the increase in disposable income contributed to a net increase in gross saving.

Households saved €3.684 billion in the third quarter, compared to €3.261 billion in the second – a rise of just under 13%.

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