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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
IrelandIreland Household Saving Ratio fell to 19.5% in December 2022
FMPMonthlyReleased January 2023
Ireland Household Saving Ratio fell to 19.5% in December 2022, released January 2023, down 0.6% from November's 20.1% reading.
Latest Release
19.500000
Actual
—
Consensus
20.100000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| EUR/USD | ▲ Direct | +0.30 | FOREX | Watch | → View |
| USD/JPY | ▼ Inverse | −0.30 | FOREX | Watch | → View |
| XAU/USD | ▲ Direct | +0.30 | COMMODITIES | Watch | → View |
| S&P 500 | ▲ Direct | +0.30 | INDEX | Watch | → View |
| BTC/USD | ▲ Direct | +0.30 | CRYPTO | Watch | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Household Saving Ratio (Ireland) was reported at 19.5% in January 2023. The reading fell from the previous value of 20.1%.
WHY IT MATTERS
The trailing three releases averaged 19.77%, down from the prior three at 22.33%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with BTC/USD (Watch). A secondary relationship exists with USD/JPY, negatively correlated (Watch).
Auto-generated from current model state · Refreshes on each release · Last update January 2023.
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Household Saving Ratio - IE
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About Household Saving Ratio — Ireland
DEFINITION
The household saving ratio is a key financial indicator that measures the percentage of disposable income that is saved by households. It provides insight into the financial health and stability of households, as well as their ability to contribute to overall economic growth. A high household saving ratio indicates a strong ability to save and invest, while a low ratio may suggest financial strain and potential risks to the economy. This indicator is closely monitored by economists and policymakers to assess the overall financial well-being of households and inform economic policies.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2022): actual 19.5 %. Prior reading (Apr 2022): 19.9 %. Before that (Jan 2022): 19.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.