AVERAGE PROPENSITY TO SAVE
It is an economic term that is used to refer to the part of the income that is saved instead of using it on goods and services. It is also called as the savings ratio, expressed as the percentage of a household’s total disposable income (gross income minus all taxes). The average propensity to save’s inverse is what we call the average propensity to consume.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 05:02 | Trade Balance | Nov | |
| 07:00 | Economy Watchers Survey | Nov | |
| 09:00 | Industrial Production | Oct | |
| 10:00 | SECO Consumer Confidence | Nov | |
| 11:30 | Sentix Investor Confidence | Dec | |
| 01:50 | M2 Money Supply + CD | Nov | |
| 02:01 | BRC Retail Sales Monitor | Nov | |
| 02:30 | NAB Business Confidence | Nov | |
| 05:30 | RBA Interest Rate Decision | Dec |
