English, Article edition: High Consumer Spending Despite Increase in Saving Rate Michael Wüger

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Bookmark: http://trove.nla.gov.au/version/150843
Physical Description
  • article
Language
  • English

Edition details

Title
  • High Consumer Spending Despite Increase in Saving Rate
Author
  • Michael Wüger
Physical Description
  • article
Notes
  • In the first half of 1989 consumer expenditures (adjusted for price increases) were 2.5 percent higher than in the first half of 1988, exceeding the level in the second half of 1988 by 2.3 percent (on a seasonally adjusted basis). This favourable development occurred despite a rise in the saving rate. As in the past, demand for durable consumer goods profited the most from the high income gains, raising the share of imported goods in total consumption. Retail trade was also boosted by purchases made by Hungarian shoppers.
  • Trotz hoher Sparneigung kräftiges Konsumwachstum; High Consumer Spending Despite Increase in Saving Rate
  • RePEc:wfo:monber:y:1989:i:11:p:648-651
Language
  • English
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