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Box C: Households savings amid the cost-of-living crisis

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  • Mosley, Max

Abstract

Throughout the cost-of-living crisis, we have seen evidence – including from NIESR – showing households having to spend more on essential goods than they have income. We know that households are therefore having to use whatever savings they have left to survive this cost-of-living crisis. Therefore, it is important to know how many households have subsequently run out of their last remaining source of liquidity and insurance against any subsequent negative shocks.

Suggested Citation

  • Mosley, Max, 2022. "Box C: Households savings amid the cost-of-living crisis," National Institute UK Economic Outlook, National Institute of Economic and Social Research, issue 7, pages 34-36.
    • Handle: RePEc:nsr:niesra:i:7:y:2022:p:34-36
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    File URL: https://www.niesr.ac.uk/wp-content/uploads/2022/08/NIESR-UK-Economic-Outlook-Summer-2022.pdf
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    Cited by:

    1. Max. A. Mosley & Edmund Cornforth, 2023. "The Macroeconomic Effect of the UK’s 2022 Cost-of-Living Payments," Discussion Papers 2316, Centre for Macroeconomics (CFM).

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