There are mixed signals from the underlying economy of the Eurozone. In the first quarter, according to data released today by Eurostat, the household savings rate rose to 13,1%, after the +12,4% recorded in the last three months of 2012. Household gross disposable income, instead, they grew by 0,7%.
On the other hand, again in the first quarter, the business investment rate stood at 18,8%, against the 19,5% recorded in the last quarter of 2012. This is the new low in the historical series provided by Eurostat .
Meanwhile, the European Commission has published its investigation into the business and household confidence, which improved for the third consecutive month in June. The analysis also highlighted a clear recovery in Italy.
