Household spending on clothing and footwear in the EU close to €400 billion for 2016, says Eurostat

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Household spending on clothing and footwear in...
 © CyprusDaily 2018
In 2016, households in the European Union (EU) spent 4.9% of their total consumption expenditure on clothing and footwear, according to data released today by Eurostat.

In Cyprus total consumption expenditure on clothing stands exactly on the EU median rate (4.9%).

This represents a total expenditure of €395.4 billion, equivalent to 2.7% of EU GDP or €800 per EU inhabitant. Households` annual expenditure on clothing and footwear is therefore slightly higher than the amount they spent on their health.

In 2016, households in Estonia (6.8%) devoted the largest share...


This article was automatically added to our system 3-1-2018

Household spending on clothing and footwear in the EU close to €400 billion for 2016, says Eurostat


The contents of this article including any associated images are © CyprusDaily 2018
Views & opinions expressed in this article are those of the author and/or CyprusDaily .

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