Thursday, January 28, 2016

Eurozone: household income rises 0.5% – Observer

The actual yield ‘per capita’ household in the euro area increased by 0.5% in the third quarter of 2015, compared to a rise of 0.1% in the previous and 0, 7 the same period of 2014, Eurostat releases.

According to the official statistical office of the European Union (EU), the actual consumption ‘per capita’ households increased by 0.4% between July and September 2015 after stabilizing in the previous quarter and increased 0.5% in the same period of 2014.

With regard to the EU, the yield ‘per capita’ households increased by 0.4% yoy a decrease of 0.1% between April and June 2015 and an increase of 0.7% in the third quarter of 2014.

The ‘per capita’ consumption in all the 28 Member States increased 0.7% in the third quarter of last year, in line with a rise of 0.2% in the previous quarter and 0.6% in the same period.

The real household consumption per capita is defined as the adjusted gross household income divided by the total population.

The actual consumption is defined as the final consumption of households, in nominal terms, divided by the total population.

The both indicators are price indices still applied.

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