Household gross saving rate in the United Kingdom spiked during the second quarter of 2020, reaching 25.9 percent, nearly three times as high as in the first quarter of the year. This unprecedented increase is due to the coronavirus (COVID-19) outbreak and the resulting widespread lockdown and temporary business closures. a similar increase can be seen during the second generalized lockdown implemented during the first quarter of 2021.
Households' saving rate during the coronavirus (COVID-19) pandemic in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2021
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Office for National Statistics (UK). (June 30, 2021). Households' saving rate during the coronavirus (COVID-19) pandemic in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2021 [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1223534/household-saving-rate-during-covid-19-uk-united-kingdom/
Office for National Statistics (UK). "Households' saving rate during the coronavirus (COVID-19) pandemic in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2021." Chart. June 30, 2021. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1223534/household-saving-rate-during-covid-19-uk-united-kingdom/
Office for National Statistics (UK). (2021). Households' saving rate during the coronavirus (COVID-19) pandemic in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2021. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1223534/household-saving-rate-during-covid-19-uk-united-kingdom/
Office for National Statistics (UK). "Households' Saving Rate during The Coronavirus (Covid-19) Pandemic in The United Kingdom (Uk) from 1st Quarter 2020 to 1st Quarter 2021." Statista, Statista Inc., 30 Jun 2021, https://www.statista.com/statistics/1223534/household-saving-rate-during-covid-19-uk-united-kingdom/
Office for National Statistics (UK), Households' saving rate during the coronavirus (COVID-19) pandemic in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2021 Statista, https://www.statista.com/statistics/1223534/household-saving-rate-during-covid-19-uk-united-kingdom/ (last visited November 21, 2024)
Households' saving rate during the coronavirus (COVID-19) pandemic in the United Kingdom (UK) from 1st quarter 2020 to 1st quarter 2021 [Graph], Office for National Statistics (UK), June 30, 2021. [Online]. Available: https://www.statista.com/statistics/1223534/household-saving-rate-during-covid-19-uk-united-kingdom/
