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Housing Costs Make Up 26% of EU Household Expenditure

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BM.GE
27.12.21 21:30
428
In 2020, ‘Housing, water, electricity, gas and other fuels’ represented more than a quarter (25.7 %) of EU household expenditure, up by 2.2 percentage points (pp) compared with 2019.

‘Food and non-alcoholic beverages’ (+1.8 pp) and ‘Furnishings and household equipment’ (+0.5 pp) also recorded increases among household expenditure categories, representing 14.8 % and 6.0 % respectively of total expenditure in 2020.
 
According to EUROSTAT, these increases are consistent with lockdown and mobility control measures related to the COVID-19 pandemic in the EU Member States.

The restrictions apparently also had an impact on other items, most notably on ‘Restaurants and hotels’ (-2.7 pp), ‘Transport’ (-1.5 pp) and ‘Recreation and culture’ (-0.9 pp), with these categories representing 6.0 %, 11.6 % and 7.8 % respectively of total expenditure in 2020.