HOUSEHOLD savings have hit their highest level since the last financial crisis. The savings level was higher than any time in the last six years, the Central Statistics Office (CSO) said. This means the savings ratio hit 16.4pc, its highest level since 2009. Read MoreWhat is called the derived saving ratio measures the relationship between saving and income. This meant the savings ratio was up.

Source: Irish Independent July 23, 2020 16:52 UTC