Notes: Change since December 2019 for deposits, loans, and currency in circulation and since the fourth quarter of 2019 for the savings rate. Loans to households are reported with an inverted sign. The contribution of currency flows should be considered an upper bound, as a breakdown by holding sector is not available.
The latest observation is for October 2020 for deposits, loans and currency in circulation and the second quarter of 2020 for the saving rate. In relation to business investment, firms are likely to postpone or cancel some of their capital expenditure plans against a background of heightened uncertainty about future demand for their products, spare capacity and weakened balance sheets (Chart 12).