According to data from Eustat, average household expenses amounted to 35,445 euros, 7.3% more than the previous year. This is the largest release in the historic series.
Last year, almost every Basque house spent 4000 euros in restaurants and hotels, which represented an increase of 32.9% compared to 2021, and also paid more for the energy bill due to higher spending on electricity (10.1%) and gas (23%). In general, the average expenditure per household in the past year €35,445, 7.3% more than last year. This is the largest expenditure in the historical series, the Basque Statistical Institute (Eustat) reported on Wednesday.
Thus, every household in the Basque Country spends on these activities 3942 euroswith the Basques spending 11.1% of their total annual expenditure on eating and sleeping away from home, a rate two-tenths higher than in 2019, before the pandemic.
There were also increases in all variables studied except in alcoholic beverages and tobaccowhere there was a drop of 15.6%, and in communication (-1.7%), in line with last year.
On the contrary, spending on education (18%), leisure and culture (12.3%), transport (11.7%), Furniture and Housewares (8.9%), Health (7.8%), Food and Non-Alcoholic Beverages (6.3%), Clothing and Footwear (2.4%), Housing , water, electricity, gas and other fuels (2%) and other goods and services (2.8%).
although expenditure on housing, water, electricity, gas and other fuels is growing the leastis the part that represents the most money for Basque families, which on average €12,411. In this section, the increase in the energy bill is notable due to the increase in the price of electricity (10.1%) and gas (23%).
Spend this way housing, water, electricity, gas and other fuels absorbs the 35% of the annual expenses of a Basque family, while the food and non-alcoholic drinks takes another fifteen %. In total, both concepts add up to half of the household budget (50.5%), a percentage slightly lower than the 52.5% of 2021.
1499 million purchases online
Internet expenditure increased by 4.2% in 2022 and amounted to 1,499 million euros. The percentage of households making online purchases rose to 41.3% and so did their average spending 3956 euros.
Online purchases represented the 4.6% of the total spending of Basque households, two tenths lower than the percentage of 2021. The largest spending on the internet was made in restaurants and hotels (25.3%), especially for booking accommodation.
Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
