Statistics authority: Greek households’ disposable income, consumer spending reduced in 2016

7 November 2017
939 Views

Greek households and non-profit entities that serve households lost 2.7 billion euros in disposable income (or 2.3 percent) in 2016, according to Greece’s independent statistics authority (EL.STAT).

According to figures released this week, the sum for Greek households’ disposable income reached 114 billion euros last year, down from 116.7 billion euros in 2015. As a result, consumer spending in the still bailout-dependent county dropped by 1.3 billion euros (one percent), with the former reaching 121.7 billion euros in 2016.

You may be interested

Athenians flee capital after free movement allowed
GREECE
shares52 views
GREECE
shares52 views

Athenians flee capital after free movement allowed

makis - May 14, 2021

Greeks were leaving en-masse from the Attica basin to nearby islands and other destinations on Friday, following the official lifting…

Movement free across Greece
GREECE
shares45 views
GREECE
shares45 views

Movement free across Greece

Panos - May 14, 2021

Greeks will be allowed to move freely throughout the country from Friday, as the Deputy Minister to the Prime Minister…

Let’s be honest, Turkey cannot join the EU: Manfred Weber
GREECE
shares39 views
GREECE
shares39 views

Let’s be honest, Turkey cannot join the EU: Manfred Weber

Panos - May 14, 2021

“Let us be honest, Turkey cannot join the EU,” said Manfred Weber, the leader of the European Parliament’s People’s Party…

Leave a Comment

Your email address will not be published.