First rise since 2009 for Greek household disposable income in Q3 2014

EconomyMacroeconomy Tags: ELSTAT, Income
Photo by MacroPolis
Photo by MacroPolis

Greek household disposable income rose by 0.03 percent year on year (YoY) in the third quarter (Q3) of 2014 following a drop of 8.3 percent in Q2, according to the Hellenic Statistical Authority (ELSTAT).

Q3 figure is the first positive figure since Q4 2009, meaning there was a contraction in the preceding eighteen quarters. In absolute terms, Q3 disposable income reached 31.17 billion from 31.16 billion last year.

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