Saturday, March 23, 2013

Eurostat: Living standards falling in most Member States - but not in Sweden

From: http://epp.eurostat.ec.europa.eu/cache/ITY_OFFPUB/KS-SF-13-008/EN/KS-SF-13-008-EN.PDF

Living standards, as measured by the median equivalised disposable income, fell in 15 Member States in 2010 compared with a year earlier, after adjusting for inflation.

The sharpest drop in real terms occurred in Greece, where the median equivalised disposable income fell by 12.3 %. It fell by 6.6 % in Bulgaria, 6.1 % in Latvia, 5.8 % in Spain, 4.8 % in Estonia and 4.4 % in Portugal. A sharp decrease of 9.7 % was also registered in Iceland. Median income stagnated or increased in real terms by less than 1 % in Belgium, Denmark, Germany, Hungary, Slovenia, Finland and Sweden (SE), while it increased by more than 1 % in Malta (+2.6 %), Poland (+2.5 %), Slovakia (+2.4 %) and Austria (+1.7 %).



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