Personal disposable income rises 6.9% YoY in Q2
The increase was driven by higher employee compensation.
Personal disposable income (PDI) rose 6.9% year-on-year (YoY) in the second quarter (Q2) of 2026, accelerating from 5.4% growth in the first quarter, according to the Department of Statistics.
The increase was driven by higher employee compensation.
Personal savings grew 9.6% YoY in Q2 2026, compared with 6.6% growth in the previous quarter, as nominal PDI increased faster than nominal personal consumption expenditure.
Despite the rise in savings, the personal saving rate fell to 32.3% in Q2 2026 from 39.1% in Q1.
The rate measures personal savings as a share of personal disposable income.