RRI Live!

Listen to Radio Romania International Live

Incomes and expenses in Romanian households

Household spending in Romania increased in the third quarter of last year.

Photo: Septimiu-pixabay.com
Photo: Septimiu-pixabay.com

, 14.01.2025, 14:00

Household spending in Romania increased in the third quarter of last year.

 

In the third quarter of last year, a household in Romania had an average total monthly income of 8,255 lei, equivalent to about 1,650 euros, up 0.5% per household compared to the second quarter of the same year. According to the National Institute of Statistics, calculated for a single person, average monthly incomes were almost 3,300 lei, by 0.7% higher. Compared, this time, with the third quarter of the previous year, the average total monthly incomes of a household and those of a single person increased by just over 13%. Of the 8,255 lei earned in a family, last year, in the third quarter, most were spent. Higher by 9% compared to the previous year, the average monthly total expenses represented, in total, 85% of income.

 

In 2024, an increase in the purchasing power of the population was recorded, according to financial analyst Adrian Codirlaşu, who explains why inflation is perceived as higher than the statistics indicate: ʺWe see an increase in expenses higher than inflation. It is true, there is also a volume component, because, as income increased, a larger quantity was purchased ; ideally it would be possible to separate the volume part from the price increase part. But it is possible that certain things that are part of the expenses are not included in inflation and that is why inflation is actually felt much stronger than it is in reality. In principle, the shares remained relatively similar to the previous period.ʺ

 

The most important source of Romanians’ income was salaries and other salary rights, followed by those from social benefits, pensions,  unemployment or social assistance. In an urban household, the average total monthly income was 1.3 times higher than in rural areas, and, calculated for a single person, 1.5 times higher.

 

Most expenses in the third quarter were incurred by the consumption of agri-food products, non-alcoholic beverages and non-food products, for the payment of utility bills, taxes, contributions, dues or fees, but also for the purchase of clothing and footwear. The lowest level of average monthly expenses of households in Romania was the one made for education. ʺ85% of incomes go to taxes and expenses,ʺ  the Bucharest press reports, concluding, ironically, that ʺRomanians have higher incomes, but spend almost everything.ʺ

 

 

Photo: presidency.ro
Today in the News Thursday, 13 February 2025

Hand-over in the President’s Office

Klaus Iohannis on Wednesday ended his second and final term in office as president of Romania. Senate speaker and National Party leader Ilie Bolojan...

Hand-over in the President’s Office
Photo: facebook.com/www.diicot.ro
Today in the News Thursday, 13 February 2025

Organized Crime Report

In 2024, Romania was targeted, along with other European states, by ‘sabotage’ actions and hybrid attacks specific to Russia, with the...

Organized Crime Report
indicele de Percepţie a Corupţiei 2024 realizat de Transparency International
Newsflash Wednesday, 12 February 2025

Corruption Perceptions Index 2024

Romania continues to be among the EU countries with the worst results in combating corruption, according to Transparency International.  ...

Corruption Perceptions Index 2024
Photo: geralt / pixabay.com
Today in the News Wednesday, 12 February 2025

Joint Statement on Artificial Intelligence

Representatives of 58 countries from all continents convened in Paris on Tuesday to endorse a joint statement for “artificial intelligence that is...

Joint Statement on Artificial Intelligence
Today in the News Tuesday, 11 February 2025

Reactions to the resignation of President Klaus Iohannis

The political class in Bucharest reacted to the first resignation in the history of Romanian presidents.     Klaus Iohannis announced his...

Reactions to the resignation of President Klaus Iohannis
Today in the News Tuesday, 11 February 2025

Budget for 2025, promulgated

  The outgoing president Klaus Iohannis signed the decrees promulgating the 2025 state budget and social security budget laws. The two bills had...

Budget for 2025, promulgated
Today in the News Monday, 10 February 2025

The Conclusions of the IMF and World Bank missions

The delegations of the International Monetary Fund and the World Bank have concluded their talks in Bucharest with the representatives of the main...

The Conclusions of the IMF and World Bank missions
Today in the News Monday, 10 February 2025

Irregularities regarding the exhibition in Assen

The Dutch police are trying to track down the Romanian treasury artifacts stolen on January 25 from the Drents Museum in Assen. The three suspects...

Irregularities regarding the exhibition in Assen

Partners

Muzeul Național al Țăranului Român Muzeul Național al Țăranului Român
Liga Studentilor Romani din Strainatate - LSRS Liga Studentilor Romani din Strainatate - LSRS
Modernism | The Leading Romanian Art Magazine Online Modernism | The Leading Romanian Art Magazine Online
Institului European din România Institului European din România
Institutul Francez din România – Bucureşti Institutul Francez din România – Bucureşti
Muzeul Național de Artă al României Muzeul Național de Artă al României
Le petit Journal Le petit Journal
Radio Prague International Radio Prague International
Muzeul Național de Istorie a României Muzeul Național de Istorie a României
ARCUB ARCUB
Radio Canada International Radio Canada International
Muzeul Național al Satului „Dimitrie Gusti” Muzeul Național al Satului „Dimitrie Gusti”
SWI swissinfo.ch SWI swissinfo.ch
UBB Radio ONLINE UBB Radio ONLINE
Strona główna - English Section - polskieradio.pl Strona główna - English Section - polskieradio.pl
creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti creart - Centrul de Creație Artă și Tradiție al Municipiului Bucuresti
italradio italradio
Institutul Confucius Institutul Confucius
BUCPRESS - știri din Cernăuți BUCPRESS - știri din Cernăuți

Affiliates

Euranet Plus Euranet Plus
AIB | the trade association for international broadcasters AIB | the trade association for international broadcasters
Digital Radio Mondiale Digital Radio Mondiale
News and current affairs from Germany and around the world News and current affairs from Germany and around the world
Comunità radiotelevisiva italofona Comunità radiotelevisiva italofona

Providers

RADIOCOM RADIOCOM
Zeno Media - The Everything Audio Company Zeno Media - The Everything Audio Company