Dutch households to keep most pandemic savings
DNB still expects strong recovery in household consumption if social distancing measures are lifted
Dutch households will keep most of the extra savings they accumulated during the pandemic, a survey published by the Netherlands Bank finds.
In the first quarter of 2021, these pandemic savings stood at €46 billion ($54.1 billion), according to the DNB report, published today (August 26). The extra savings are mainly the result of the limited opportunities to spend caused by social distancing measures to counter Covid-19, the DNB says.
The study, carried out in June, says Dutch households
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