Sat, Feb 11 2012

Household income at 611.59 leva in January

Fri, Mar 14 2008 19:06 CET

byElena Koinova

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Average household income in Bulgaria rose 22.2 per cent on the year to 611.59 leva in January, the National Statistics Institute (NSI) said in a statement on March 14. Income per person stood at 245.13 leva.

Wages and salaries generated more than half the income in January (53.7 per cent of all income). Pensions accounted for 25.7 per cent of total income and earnings from entrepreneurship for 5.1 per cent.

Household spending in January totaled 573.43 leva, a year-on-year increase of 20 per cent. Expenditures per person reached 229.83 leva.

Foodstuffs and soft drinks were the biggest expenditure item in the consumer basket in the first month of the year, with spending of 212.92 leva (37.1 per cent of the total). Spending on utilities - rentals, water and fuel - accounted for 15.2 per cent of overall spending (87.03 leva), whereas health care and transportation spending accounted for 5.8 per cent each (31.97 and 32.63 leva, respectively).

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Bulgarian household income shrinks

National Statistical Institute figures show that Bulgarians are cutting back on day-to-day spending on a wide range of items, as utility and other costs climb

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