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Negative saving
Saving was negative in households and non-profit institutions according to institutional sector accounts for the third quarter of 2006.
Compared to the third quarter of 2005, disposable income increased by 2 per cent in the third quarter of 2006. A rise in wage income by 8 per cent was offset by reduced dividends and raised taxes.
Stronger growth in final consumption expenditures resulted in negative saving and an estimated savings ratio of - 2.2 per cent. Net lending is thus also estimated negative at NOK - 18 billion.
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Contact
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Pål Sletten
E-mail: pal.sletten@ssb.no
tel.: (+47) 99 29 06 84
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Nils Amdal
E-mail: nils.amdal@ssb.no
tel.: (+47) 91 14 91 46