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New Zealand households spent more and saved less in Q3 2024, despite a small rise in income.
In the September 2024 quarter, New Zealand's household spending rose by 0.5%, but household savings dropped significantly by $443 million to -$1.8 billion.
Despite a slight rise in employee compensation and self-employed income, household disposable income fell by 0.2%.
Business savings also declined, while government net worth increased by 0.3%.
The full report is available on the Statistics New Zealand website.
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Los hogares neozelandeses gastaron más y ahorraron menos en el tercer trimestre de 2024, a pesar de un pequeño aumento de los ingresos.