Households and non-financial corporations in the euro area: second quarter of 2026

Source: Ecb ·

Households and non-financial corporations in the euro area: second quarter of 2026

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Household financing and financial and non-financial investment NFC gross-operating surplus, non-financial investment and financing Household gross disposable income increased at a higher annual growth rate of 3.2% in the second quarter of 2026 (after 3.0% in the previous quarter), as the growth of net property income increased to 0.2% (after -0.6%). Gross operating surplus and mixed income of the self-employed grew at a broadly unchanged rate of 2.6%, while the compensation of employees increased at a lower rate of 3.8% (after 4.0%). Household consumption expenditure grew at a higher rate of 4.3% (after 3.5%). This more than offsets the growth in gross disposable income and, as a result, the household gross saving rate decreased, to 14.4% in the second quarter of 2026 compared with 14.6% in the previous quarter. Household gross non-financial investment (which refers mainly to housing) increased at a higher annual rate of 5.9% in the second quarter of 2026 (after 5.3% in the previous…

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