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GreeceBusinessGreek households' available income up 10.9% in Q4 2022

Greek households’ available income up 10.9% in Q4 2022

Hellenic News of America
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The available income of Greek households and non-profit institutions offering services to households grew 10.9% in the fourth quarter of 2022, totaling 34.94 billion euros, from 31.52 billion in the same period in 2021, Hellenic Statistical Authority said in a report on Tuesday. The statistics service also said that final consumption spending grew 11.2% in the same period to 33.7 billion euros, while the savings rate fell to -7.1% in the fourth quarter of 2022 from -6.8% in the fourth quarter of 2021.

Private investments (gross fixed capital investments) by non financial companies totaled 4 billion euros, or 21.5% as a percentage of gross added value (21% in the fourth quarter of 2021). The external balance of goods and services recorded a deficit of 8.51 billion euros in Q4 2022, from a deficit of 6.27 billion in 2021, with imports totaling 32.48 billion euros (up 6.33 billion) and exports totaling 23.98 billion (up 4.1 billion).

SOURCE; ANA-MPA

The copyrights for these articles are owned by the Hellenic News of America. They may not be redistributed without the permission of the owner. The opinions expressed by our authors do not necessarily reflect the opinions of the Hellenic News of America and its representatives.

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