Bulgaria's household spending per capita rises 0.7% y/y in Q4, income up 2%

Bulgaria's household spending per capita rises 0.7% y/y in Q4, income up 2%

The average household expenditure per capita in Bulgaria increased by an annual 0.7% in the fourth quarter of 2020, while the average income per household member rose by 2%, the National Statistical Institute (NSI) said on Tuesday.

A household member spent 1,681 levs ($1,000/859 euro) on average in the October-December period, while their income amounted to 1,805 levs, NSI said in a statement.

Wages and salaries formed 54.1% of total household income, followed by pensions and self-employment income with 30.1% and 6.2%, respectively.

Expenses for food and non-alcoholic beverages accounted for 28.8% of total household expenditure, while expenditure on housing cost 18.2%.

Taxes and social insurance contributions constituted 12.9% of total household spending in the review quarter, followed by transport and communication services with 11.3%.

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