Quarterly National Household Survey
Module on Special Saving Incentive Accounts (SSIAs), Quarter 4, 2005
Just under one-third of SSIA funds to be spent on consumer items
In the fourth quarter of 2005 SSIA account holders indicated that they will spend just under one third of their matured SSIA funds on consumer items which includes Home improvements, Foreign holiday, Car and Other purchases. A little over 46% will be committed to Savings, Pensions and Investments, approximately 10% will be directed towards Debt repayment with the remainder, just over 12%, being spent on Other items.
These results are based on the SSIA module which was included in the Quarterly National Household Survey (QNHS) in the fourth quarter of 2005, published today (12th July 2006).
Expected percentage spend of matured SSIA funds | |
Broad Expenditure Items |
Total
|
Consumer items |
31.2%
|
Savings, Pensions & Investments |
46.1%
|
Debt repayment |
10.3%
|
Other items |
12.4%
|
Other features include:
For further information contact:
Padraig Dalton on 021 453 5305 or Caroline Barrett on 021 453 5485
Fax 021 453 5492
E-mail labour@cso.ie
Central Statistics Office
12 July 2006
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