EU27 Households spend more than half of their expenditure on housing and food; Ireland leads with spending on alcohol at 4.1%
Jun 20th, 2008 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
A third of household expenditure in the
EU27 in 2005 went on housing, including
utilities & furniture (33.1%), and almost a fifth on food, beverages & tobacco
(19.4%). The other half of the expenditure was mainly dedicated to transport
(11.9%), recreation & culture (8.4%), clothing & footwear (5.7%), restaurants &
hotels (5.3%), health (3.4%), communications (3.3%) and education (1.0%).
Ireland leads with spending on alcohol at 4.1% of total expenditure compared with
EU27 average of 1.2%.