Cypriot household expenditure declines in 2015-16

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Cypriot household expenditure declines in 2015-16
 © CyprusMail 2017
Household spending in the period 2015-2016 decreased significantly, according to the results of the Household Budget Survey 2015-2016, published  on Thursday  by the Statistical Service.

Recreation and culture, clothing and footwear and transport presented the biggest decrease in expenditure, the survey showed.

The average annual consumption expenditure per household for 2015-2016 amounted to €31,206, compared to €38,547 in 2009, recording a decrease of 19 per cent.

In urban areas the average annual consumption expenditure for 2015-2016 was €31,884 compared with €39,967 in...


Cypriot household expenditure declines in 2015-16


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