"Figure 3: Forced savings is estimated to explain around three-quarters of the accumulated increase in household saving during the pandemic","" "Additional saving relative to Quarter 4 (Oct to Dec) 2019 as a proportion of household resources","" "","" "Notes","" "Unit","%" "","" "","Total","Precautionary","Intertemporal","Forced" "2020 Q1","1.3","0.2","0.7","0.3" "2020 Q2","18.0","0.3","-0.6","18.2" "2020 Q3","6.8","1.0","0.9","4.9" "2020 Q4","8.1","1.4","1.5","5.2" "2021 Q1","12.4","1.1","1.6","9.6" "2021 Q2","4.4","0.9","1.2","2.2" "2021 Q3","1.6","0.5","1.1","-0.1" "2021 Q4","0.9","0.3","1.1","-0.6"