Another dive for compensation in Q3 drags disposable income, consumption down

EconomyMacroeconomy Tags: ELSTAT, Income
Photo by Harry van Versendaal
Photo by Harry van Versendaal

Greek household disposable income fell by 2.6 billion euros or 8 percent year on year (yoy) in the third quarter of 2013 and reached 30.4 billion, according to the Hellenic Statistical Authority (ELSTAT).

The latest data indicates a slightly decelerating decline compared to the second quarter drop of -8.8 percent.

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