Historical Year Data · 2016
Household Debt Service Ratio in 2016
Household Debt Service Ratio opened 2016 at 11.76% and closed at 11.87%, a +0.87% move for the year. The high of 11.87% was reached on October 1, and the low of 11.76% on January 1.
Open
11.76%
2016-01
Close
11.87%
4 data points
High
11.87%
Oct 1
Low
11.76%
Jan 1
Full Year Change
+0.87%
2015 Change
+1.58%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 11.76% | 11.76% | 11.76% | 11.76% | +0.00% |
| Apr | 11.77% | 11.77% | 11.77% | 11.77% | +0.00% |
| Jul | 11.77% | 11.77% | 11.77% | 11.77% | +0.00% |
| Oct | 11.87% | 11.87% | 11.87% | 11.87% | +0.00% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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