Long description

This graph has two charting lines; one for ‘House price inflation’ and the other for ‘Household savings ratio’. The household saving ratio averaged 8.5 per cent during the period of relatively higher inflation between 1969 and 1991 (inflation averaged 10 per cent), but it averaged 4.3 per cent during the periods of relatively low inflation in the 1960s, and 4.3 per cent since 1998 when inflation has again been low.