Only 20% of euro area households saved more during the pandemic, our Consumer Expectations Survey shows. The increase was largest among higher-income earners, so the effect of these extra savings in buffering high energy prices is limited https://www.ecb.europa.eu/pub/economic-bulletin/focus/2022/html/ecb.ebbox202205_03~d262f01c8b.en.html #EconomicBulletin

🐦🔗: https://nitter.eu/ecb/status/1554017171226984450