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Quarterly sector accounts, UK: January to March 2024
The household saving ratio is estimated to have increased to 11.1% in Quarter 1 (Jan to Mar) 2024, from 10.2% in the previous quarter. The increase in the saving ratio was driven by increases in compensation of employees of £4.3 billion and the adjustment for pension entitlements of £3.7 billion. Real households' disposable income (RHDI) is estimated to have grown by 0.7%, maintaining the same growth as Quarter 4 (Oct to Dec) 2023. Within RHDI, nominal gross disposable income saw growth at 1.1%. The UK's borrowing position with the rest of the world as a percentage of gross domestic product (GDP) is estimated to ... (full story)