Household financial savings jump to 21.4% of GDP in Q1 - Photos-1
Business Today
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Household financial savings jump to 21.4% of GDP in Q1

Household financial savings jumped to 21.4 per cent of GDP in Q1FY21 compared to 7.9 per cent in Q1 and 10 per cent in Q4 of financial year 2019-20. This possibly reflects the impact of COVID-19-led reduction in discretionary spending and the associated forced saving as well.

Niti Kiran
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