Bulgaria household spending per capita falls, income up in Q2
Novikov Aleksey / Shutterstock.com
The average household expenditure per capita in Bulgaria decreased by 1.3% year-on-year in the second quarter of 2020, while the average income per household member rose by 9.7%, the Sofia-based National Statistical Institute (NSI) said on Tuesday.
A household member spent BGN 1,384 (EUR 708) on average in the April-June period of 2020, while their income amounted to BGN 1,698, it said.
Wages and salaries formed 57.5% of total household income, followed by pensions and self-employment income with 28.3% and 5.9%, respectively.
Expenses for food accounted for 32.7% of total household expenditure, while expenditure on housing cost 17.3%.
Taxes and social insurance contributions constituted 15.1% of total household spending in the second quarter, followed by transport and communication services with 10.9%.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.