Ordinary three-member family spends 40 percent more than in 2004

ORDINARY households in Slovakia spend nearly 40 percent more than 10 years ago, with an average three-member family consuming a total of €936 per month, according to an analysis conducted by Sberbank Slovensko, based on data provided by the Slovak Statistics Office, the TASR newswire reported on September 26.

ORDINARY households in Slovakia spend nearly 40 percent more than 10 years ago, with an average three-member family consuming a total of €936 per month, according to an analysis conducted by Sberbank Slovensko, based on data provided by the Slovak Statistics Office, the TASR newswire reported on September 26.

While an average household spent €235 per person per month in 2004, that figure amounted to €321 in 2013, which is an increase by 37 percent.

“Education was the only area in which families spent less money, minus 8 percent,” said Sberbank chief strategist Martin Barto, as quoted by TASR. “By contrast, expenses in restaurants (+81 percent) or telecommunications (+72 percent) increased relatively the most.”

Sberbank further looked into the spending of individual types of households in 2013. An average household with three members could rely on overall net incomes of €1,080 a month and had to fork over €936 per month, which is €321 per person per month.

Considering net incomes per household member, the category of pensioners’ households enjoyed the largest incomes - €414 per month per person. Unemployed households had to make do with €211 per person per month. The highest overall net incomes per household were enjoyed by working households - €1,269 per month per household.

Incomes also influenced household expenditures. As seen in the analysis, pensioners ended up in the best position.

“If expenditures per household member are considered, households of pensioners spent 1.4-times more on food than households of working people, and almost 1.8-times more than households of the jobless,” said Barto, as quoted by TASR.

(Source: TASR)

Compiled by Roman Cuprik from press reports
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