Households with spending above Rp5 million are the most diligent savers.

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Vika Azkiya Dihni 11/07/2022 16:10 WIB

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In June 2022, individuals with expenditures exceeding Rp5 million allocated 19% of their income to savings.

Proportion of Income Used for Savings by Spending Group (May-June 2022)

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Proportion of Income Used for Savings by Spending Group (May-June 2022)

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Bank Indonesia (BI) reports that Indonesians with monthly expenditures exceeding Rp5 million are the most diligent savers. This group allocated 19% of their income to savings in June 2022, higher than the 18.1% proportion in May 2022.

Next, those with monthly expenditures between Rp4.1 million and Rp5 million set aside 18.1% for savings in June 2022. This figure also increased from 16% the previous month.

Then, individuals with monthly expenditures between Rp3.1 million and Rp4 million allocated 17% of their income to savings in June 2022, up from 16.3% in May 2022.

The savings proportion for those with monthly expenditures between Rp2.1 million and Rp3 million also rose from 16.7% in May 2022 to 16.8% in June 2022.

Finally, people with monthly expenditures between Rp1 million and Rp2 million allocated 18% of their income to savings in June 2022. This figure also increased from 17% the previous month.

Overall, the average proportion of income saved for savings in June 2022 reached 16.2%, slightly higher than the 16% in the previous month.

(Also Read: Customer Deposits Increased in May 2022, Especially from the Wealthiest Group)

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Households with spending above Rp5 million are the most diligent savers.

Households with spending above Rp5 million are the most diligent savers.

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Households with spending above Rp5 million are the most diligent savers.

Households with spending above Rp5 million are the most diligent savers.

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