National accounts, non-financial sector accounts, Q4 2013

Households and NPISH. Income, expenditure and saving. Seasonally adjusted. Current prices. Percentage change from the previous period
	3rd quarter 2012	4th quarter 2012	1st quarter 2013	2nd quarter 2013	3rd quarter 2013	4th quarter 2013
Output, basic values	1.0	1.1	0.9	1.7	1.7	2.5
- Intermediate consumption	1.3	2.3	1.5	2.2	3.0	2.9
= Gross value added	0.7	-0.1	0.5	1.3	0.6	2.2
- Consumption of fixed capital	1.4	1.5	1.0	1.6	1.3	0.9
- Compensation of employees paid	1.9	1.6	0.2	2.4	0.1	1.1
- Other taxes on production	1.3	2.6	3.1	1.9	2.1	0.3
+ Other subsidies on production	-0.1	2.4	-0.2	0.9	1.4	-0.8
= Mixed income	-0.3	-1.5	0.0	0.5	0.4	3.0
+ Compensation of employees	0.5	1.7	1.8	1.6	0.2	1.5
+ Property income	4.2	1.4	3.0	1.9	0.8	5.2
- Property income paid	0.1	0.5	2.5	5.6	0.2	0.4
+ Correction for FISIM	9.1	7.4	2.3	4.7	3.2	2.5
= Primary income	1.0	1.7	1.7	1.4	0.4	2.0
+ Pensions and benefits from general government	0.8	1.9	0.7	1.9	0.3	0.9
+ Benefits from pension funds	0.9	1.5	0.7	1.6	1.3	1.1
+ Net current transfers to NPISH	1.8	1.8	0.8	2.5	1.1	0.8
- Current taxes on income, wealth, etc	1.1	1.6	1.3	1.4	0.7	1.5
- Contributions to pension funds	2.3	0.1	-5.3	0.4	1.0	0.2
- Other current transfers paid, net	-2.1	11.4	-0.2	17.1	9.9	2.6
= Disposable income	0.8	1.9	2.0	1.6	0.2	2.0
+ Adjustment for households' pension funds	6.7	-5.6	-9.0	-3.1	-1.5	-1.9
- Total consumption by households and NPISHs	0.8	1.5	1.6	0.9	1.3	0.7
= Saving, net	..	..	..	..	..	..
+ Capital transfers, net	..	..	..	..	..	..
- Investment in non-financial capital	14.6	-0.3	5.5	-1.5	0.8	1.9
= Net lending (+) / net borrowing (-)	..	..	..	..	..	..
MEMO: Savings ratio (per cent)	..	..	..	..	..	..
MEMO: Disposable real income in 2005 prices	0.9	1.2	1.3	0.4	-0.5	1.6

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