Household Consumption

Durkan, Joseph; Duffy, David; O'Sullivan, Cormac
June 2011
Quarterly Economic Commentary;Summer2011, p17
Trade Publication
The article discusses the latest economic developments in Ireland, particularly in household consumption, as of June 2011. It cites the revisions to the National Accounts in previous years resulting in an increase in estimated savings rate for 2008 and 2009 to 6.9% and 10.5% of disposable income, respectively. It claims that household consumption in the first quarter of 2011 dropped by 2.1% from the same period in 2010.


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