Indices Report

The Nationwide UK (Ireland) Savings Index, June 2016

July 7, 2016
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  • The Savings Index decreased in June to 103 from 119 in May. The three-month moving average, which smoothes out much of the monthly volatility fell by 9 index points in June.
  • The Savings Environment sub-index fell this month by 6 index points to 102 in June. This reflects a decline in consumers thinking it is a good time to save as well as a decline in consumers thinking that government policy is accommodative of saving.
  • The Savings Attitude sub-index increased to 103 in June from 130 in May. This was driven by a more negative perception by consumers about the amount they save while proportion of consumers who saved also experienced a decline in June.