BRUSSELS, Oct. 2 (Xinhua) -- Measures to curb the spread of the COVID-19 pandemic, such as store closures and more people working from home, helped European households save money, with savings reaching a record high in the second quarter of the year, Eurostat reported on Friday.
According to the statistical office of the European Union (EU), the household saving rate stood at 24.6 percent in the eurozone in the second quarter, up from 16.6 percent registered in the first quarter when member states continued to implement the COVID-19 containment measures. Both the value and the quarter-over-quarter increase of 8 percentage points were the highest observed since the beginning of the time series in 1999.
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