Our post-pandemic slump in household savings should disappoint but not alarm us
A sharp drop in India’s net household financial savings largely reflects post-covid trends that include a borrowing boom and physical asset upswell. A reversal will be welcome, though. Financial savings aren’t just bank balances. They include stock holdings.
A sharp drop in India’s net household financial savings largely reflects post-covid trends that include a borrowing boom and physical asset upswell. A reversal will be welcome, though. Financial savings aren’t just bank balances. They include stock holdings.