Turkish household spending hits 1,000 euros per month
ANKARA - Anatolia News Agency
Citizens are seen shopping at a traditional market in central Istanbul in this file photo. The household spending in urban areas has reached 2,364 Turkish Liras.The average amount of expenditure of Turkish households was 2,120 Turkish Liras per month in 2011, according to data disclosed by the Turkish Statistical Institute yesterday. In 2010 the figure was 1,843 liras.
The average amount of expenditure last year was 2,364 liras in urban areas and 1,547 liras in rural regions.
The share of money going toward housing and rent in Turkish households’ expenditure
was down to 25.8 percent last year from 27.1 percent in 2010.
Turkish households also spent less on food and non-alcoholic beverages, which took 20.7 percent last year down from 21.9 percent the previous year.
The shares of expenditures on health and educational services also dropped to 1.9 percent from 2.1 percent in the same compared period. Expenditure on communication, and entertainment and culture also fell 0.1 point to 4 percent and 2.7 percent respectively in annual comparison.
According to the highest and lowest 20 percent income groups, the share of expenditure the
lowest earners allocate on food is twice as twice as much as the highest earners.