Household savings rate increased during Summer, figures show

The household saving rate increased from 19.1% to 19.9% in April, May and June this year, according to figures released by the Central Statistics Office (CSO).

The rate was up from the first three months of the year, sitting at 19.1%, and this is higher than the average of 18.7% since the start of 2023. At its current rate of 19.9%, this equates to €1 in €5 of household disposable income.

The CSO say that after adjustments for seasonal patterns, disposable incomes in Ireland increased more than household consumption from the first three months of 2026.

In the 12 months to April 2026, households in Ireland saved €39bn, with a disposable income of €198bn and consumption expenditure of €159bn.

Mark Manto, Statistician in the National Accounts Analysis and Globalisation Division of the CSO, said: “Households saved 19.9%, or almost €1 in €5 of their disposable income in April, May, and June (Q2) 2026, above the 18.7% average since the start of 2023. This was an increase on the 19.1% seasonally adjusted household saving rate of Q1 2026.

“Saving can add to a household's overall wealth in the form of buying new homes, growing bank deposits, pension savings, and paying off debt.

“The rise in the seasonally adjusted household saving rate from Q1 2026 was due to a greater increase in household disposable income than household final consumption.

“Today's results are preliminary and are subject to revision after the publication of the Institutional Sector Accounts for Q2 2026 release in the coming weeks."