ELSTAT: The crisis is still here and kneels households & elderly people - 91 Vital

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Thursday, 12 October 2017

ELSTAT: The crisis is still here and kneels households & elderly people

The waves of the crisis are still here, and are recorded in detail in ELSTAT data, which show the plight of the Greeks and the households, which have drastically shrunk their needs.

By Natassas N. Spagadorou

The same bad luck is experienced by the elderly in Greece who really suffer (the inferiority of a lower God ) with the net of poverty spreading almost all over the country. And as much as Health Minister Andreas Xanthos insists that the excesses that need to be done on austerity and inequalities , both these structural elements of the economic crisis continue to exist and gnaw the social fabric. It is not known when the Greeks will rise and unknown when the unemployment gap (which has swallowed the new and productive ages) will begin to fall, giving it its place in real growth and real reforms.

Fortunately, in the Stone Age of the Memoranda, volunteering and selflessness flourished, through a multitude of Cononian Doctors and Pharmacies, and through a series of actions of many businesses.

But a very important element of ELSTAT's research is that Greeks spend the smallest share of spending (3.2%) on education services, with what is negative for the future of children.

Accordingly, according to the Hellenic Statistical Authority's 2016 Family Survey (EEA) , the total monthly expenditure of households (purchases) for 2016 amounted to EUR 5.71 billion, down 2.5% or 147.1 million in comparison with 2015.

In particular, a 2.5% drop in households' total monthly expenditure by 20% to 20% in households by 1 to 5 euros in the household budget. Overall, the average monthly expenditure between households in 2010 and 2016 declined by 28.8%, reflecting a large decline in their income over the same period.

Household average monthly expenditure for purchases for 2016 amounted to € 1,392.03, down 2% or € 28.97, compared to 2015. The average total cost per person for 2016 rose to EUR 538.94, a decrease of 2% or EUR 11.24 compared to 2015. In real terms, households' average monthly expenditure decreased by exactly the same percentage (2% or EUR 28.97), due to of the zero impact of inflation.

According to ELSTAT, the largest share of spending on the average household budget concerns self-sufficiency (20.7%), followed by housing (13.8%) and transport (12.9%), while education services to a smaller share of expenditure (3.2%).

As regards food expenditure, compared to the previous survey (2015), there is a decrease in monthly expenditure (current prices), for mineral waters, soft drinks, fruit and vegetable juices (7.1%), fruits (5.2 %), fish (4.0%), dairy products and eggs (3.9%), vegetables (2.6%), meat (1.2%), sugar, jam, honey etc. (0.4% ) and flour, bread and cereals (0.3%), while monthly expenditure on coffee, tea and cocoa (7.4%) and oils and fats (0.2%) increased.

According to the survey, households with only one person, aged 65 and over , have less than 54.3% of the average monthly household expenditure in the country. Households made up of a couple with two children up to 16 years old have more spending at 40.0% of the average monthly household expenditure in the country. Households with an economically inactive or unemployed person spend on average 77.1% of the average monthly expenditure of households in the country, while those with a self-employed person with paid employees spend 213.4% of the household.

Households with a person aged 45-54 years spend on average more. More specifically, these households spend on average 127.1% of the average monthly household expenditure in the country. Households with the lowest percentage participation in 2016 were those with 75 years of age or older (61.0% of that).

Households living in rural areas spend an average of 1,134.13 euros per month, while those living in urban areas are 1,464.08 euros. Therefore, households living in rural areas spend on average 22.5% less than households living in urban areas.

The risk of poverty threatens 18.2% of the country's population when only the equivalent purchase cost (18.3% in 2015) is taken into account in the calculation of the indicator, while the index is reduced to 11.3% of the population (13.4% in 2015) when all consumer expenditure is taken into account regardless of the way of acquisition (imputed rent from owner-occupied property, own-produced goods, goods and services provided free of charge by the employer, other households, non-profit organizations, .)

The average monthly equivalent expenditure of poor households is estimated at 32.6% of the costs of non-poor households. Poor households spend 32.1% of their average food budget, while non-poor 19.8%. Due to the composition of poor households (elderly, uninsured, etc.), their health expenditure amounts to 9.3% of their average budget, while the cost of non-poor is 7.8%.

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