Households’ saving rate fell in the second quarter of 2022release | Quarterly sector accounts 2022, 2nd quarter
According to Statistics Finland, households’ seasonally adjusted saving rate fell in April to June from the previous quarter. In April to June, the saving rate was -2.5 per cent. Consumption expenditure grew relatively more than disposable income. Households’ investment rate remained on level with the previous quarter. The profit share of the non-financial corporations sector grew from the previous quarter and stood at 35.6 per cent. The investment rate of the non-financial corporations sector remained on the previous quarter's level, being 26.3 per cent.
- The profit share of non-financial corporations grew steeply in April to June. The profit share grew because the operating surplus, or non-financial corporations' profits, grew more than wages and salaries paid. The investment rate of the non-financial corporations sector remained unchanged.
- The seasonally adjusted value added of financial and insurance corporations grew by 1.9 per cent and the operating surplus fell by 0.3 per cent compared with the quarter last year.
- General government total revenue grew more than total expenditure in April to June. The sector's surplus amounted to EUR 1.4 billion.
- Households' adjusted disposable income grew at current prices by 3.1 per cent and adjusted for price changes it diminished by 1.2 per cent compared to the quarter last year.
- The current account was EUR 6.2 billion in deficit in the second quarter of 2022.
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