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Drop in disposable income accelerates to 3.3 percent in Q3
EconomyMacroeconomyGreek household disposable income dropped at an accelerating pace of 3.3 percent in the third quarter (Q3) of 2015 from a revised 2.4 percent in Q2, Hellenic Statistical Authority (ELSTAT) figures displayed on Monday.
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Disposable income slips 1.6 pct in Q2 on higher income and wealth taxes
EconomyMacroeconomyAfter rising in the preceding three quarters, Greek household disposable income fell by 1.6 percent in the second quarter (Q2) of 2015, Hellenic Statistical Authority (ELSTAT) data showed on Friday.
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Greek household income falls almost 30 pct in 8 years, finds OECD
SocietyHousehold disposable income fell by 27.5 percent per capita in Greece from 2007 to the first quarter of 2015, bucking the trend in the world’s leading industrialised nations, where the figure went up by 8.13 percent.
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Disposable income up by 2.6 pct in Q1 for highest reading since 2009
EconomyMacroeconomyGreek household disposable income rose for the third successive quarter in Q1 of 2015, when it increased by 2.6 percent, which is faster than the 1.4 percent rise posted in Q4 2014, according to the Hellenic Statistical Authority (ELSTAT).
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Income inequality in Greece remained high in 2013
SocietyThe share of the income of the wealthiest fifth in Greek society was 6.6 times higher than that of the poorest fifth in 2013, data published this week by the Hellenic Statistical Authority shows.
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Income inequality in Greece has grown during crisis, OECD report shows
SocietyIncome inequality between the richest and poorest in Greece society has increased over the past few years, with the top tenth of society earning 12.3 times more than the poorest in 2012, up from 10.5 in 2007, a report from the Organisation for Economic Cooperation and Development has found.
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Rebound in Q4 by 1.4 pct brings 2014 disposable income down 3.2 pct
EconomyMacroeconomyGreek household disposable income grew for the second straight quarter by 1.4 percent year on year in the fourth quarter (Q4) of 2014 after an upward revised 1 percent rise in Q3, according to the Hellenic Statistical Authority (ELSTAT).
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Lowest income groups in Greece saw wages drop and taxes rise most during crisis
SocietyLower income groups in Greece saw their tax burden increase by 337.7 percent from 2008 to 2012, compared to a 9 percent rise for higher income groups, a new report on the impact of the crisis and austerity policies on incomes, inequality and poverty in Greece has found.
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First rise since 2009 for Greek household disposable income in Q3 2014
EconomyMacroeconomyGreek 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).
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Greek disposable income continues its slide in Q2, reached 29 pct during crisis
EconomyMacroeconomyGreek household disposable income fell by 4.3 percent year on year (YoY) in the second quarter (Q2) of 2014 to 30.8 billion, according to the Hellenic Statistical Authority (ELSTAT).