What do Slovaks spend the most on their monthly salary?

Last year, the average Slovak household spent more than a quarter of total monthly expenditures per month on housing and energy.

“In the case of housing, there is a decrease in costs from 2006 to 2017, as commodity markets declined at the end of the period under review cen. However, since 2018 we have seen that rising energy costs as well rents cause us to reach a level in the costs incurred before the crisis years. At that time, we gave up to a third of housing of the total monthly household expenses, “said the analyst Slovak Savings Bank Lenka Buchláková.

According to current data from the European Statistical Office Eurostat, were last year the second most expensive food item with a share of 17.2%. Tieto costs have risen by more than two percent since 2006. While still in In 2018, we spent about 2% of our monthly expenses on education, last year this figure dropped to 1.7%. We also saved more on recreation and culture, which accounted for 8.8% of total costs, which is year-on-year a decrease of 2%.

According to Buchláková, a number of others are entering the pricing of food factors such as seasonality in fruit or vegetables. In the case of sugar, it is this cheaper for the abolition of quotas and excess sugar on the market. “It simply came to our notice then dairy crisis that has skyrocketed prices up. Of course, lower VAT will result in lower prices, but not significantly. It should be recalled for example, increasing night, weekend and holiday bonuses, which affected bakers in particular. Therefore, we have noticed in some species pastry price increases, “added Buchláková.

Overall, Europeans from the 27 EU countries spend the most from family budgets to housing and energy costs, up to more than 24% of total expenditure. The second most expensive item is with 13% transport, food and soft drinks cut 12% of the total disposable income of the average European household.

Last year, the average Slovak household spent more than a quarter of total monthly expenditures per month on housing and energy.

“In the case of housing, there is a decrease in costs from 2006 to 2017, as commodity markets declined at the end of the period under review cen. However, since 2018 we have seen that rising energy costs as well rents cause us to reach a level in the costs incurred before the crisis years. At that time, we gave up to a third of housing of the total monthly household expenses, “said the analyst Slovak Savings Bank Lenka Buchláková.

According to current data from the European Statistical Office Eurostat, were last year the second most expensive food item with a share of 17.2%. Tieto costs have risen by more than two percent since 2006. While still in In 2018, we spent about 2% of our monthly expenses on education, last year this figure dropped to 1.7%. We also saved more on recreation and culture, which accounted for 8.8% of total costs, which is year-on-year a decrease of 2%.

According to Buchláková, a number of others are entering the pricing of food factors such as seasonality in fruit or vegetables. In the case of sugar, it is this cheaper for the abolition of quotas and excess sugar on the market. “It simply came to our notice then dairy crisis that has skyrocketed prices up. Of course, lower VAT will result in lower prices, but not significantly. It should be recalled for example, increasing night, weekend and holiday bonuses, which affected bakers in particular. Therefore, we have noticed in some species pastry price increases, “added Buchláková.

Overall, Europeans from the 27 EU countries spend the most from family budgets to housing and energy costs, up to more than 24% of total expenditure. The second most expensive item is with 13% transport, food and soft drinks cut 12% of the total disposable income of the average European household.