Tag Archives: Weak economy

The BOK “predicted the highest household savings rate this year since 1999,” the economic recession is expected to intensify

[ad_1] This year’s household savings rate is expected to show the highest level since 1999. An increase in the household saving rate can have positive effects, such as an increase in corporate investment resources, but rather a contraction in consumption can intensify the economic recession. ▲ According to statistics from …

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