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Survey of 2023 household budgets highlights lasting effects of debt crisis
The latest household budget survey for 2023 was released by ELSTAT and it shows that inflation continues to have an effect on spending, while the long-lasting impact of the debt crisis is still prominent.
At current prices, average annual expenditure per household in 2023 increased by 5.3 pct to 20,223 euros, and the impact of inflation is seen when spending is measured on constant prices of 2022 when it grew by a more moderate 1.7 pct to 19,876 euros.
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