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Euro area economic and financial developments by institutional sector - second quarter 2012

(PresseBox) (Frankfurt am Main, ) In the second quarter of 2012, the annual growth rate1 of households' gross disposable income decreased to -0.2%, from 1.6% in the first quarter (see Table 2). The annual growth rate of households' consumption expenditure was 0.7% in the second quarter compared with 1.7% in the previous quarter. The annual growth rate of households' gross saving decreased to -3.7% in the second quarter, compared with 0.8% in the previous quarter.

The annual growth rate of households' financing also decreased, to 1.1% (2012Q1: 1.9%) and that of financial investment to 2.0% (2012q1: 2.2%). The annual growth rate of households' net worth2 decreased to -1.5% in the second quarter, compared with -0.6% in the previous quarter.

The annual growth rate of net entrepreneurial income of non-financial corporations decreased to -2.1% in the second quarter from 0.0% in the previous quarter. The annual growth rate of gross fixed capital formation of non-financial corporations decreased to -1.1% in the second quarter of 2012, from 0.1% in the previous quarter (see Table 3). The annual growth rate of financing of non-financial corporations decreased to 1.7% (2012q1: 2.1%), and the annual growth rate of their financial investment to 2.4% (2012q1: 3.2%)...

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