The Nationwide UK (Ireland) Savings Index, March 2016
April 8, 2016
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- The Savings Index increased in March to 131 from 122 in February. The three-month moving average, which smoothes out much of the monthly volatility also increased in March to 125.
- The Savings Environment sub-index fell this month to 125 from 131 in February. This reflects a large decline in consumers thinking that government policy is accommodative of saving.
- The Savings Attitude sub-index increased by 26 index points to 138 this month. This was driven by a large increase in the sub index asking how consumers feel about the amount they are able to save while the index that asks consumers if they are able to save was relatively unchanged in March.