Household income and consumption up in EU28

Household income per capita in real terms has gone up, mirrored by household consumption in real terms in the 28 EU Member States, according to a Eurostat publication regarding the third quarter of 2018.

In their statement, Eurostat pointed out that in the EU28, household real income per capita is up by 0.8% in the third quarter of 2018, following a prior increase of 0.4% in the second quarter. Whereas household consumption in real terms  increased by 0.4% in the third quarter, after a 0.2% increase in the second.

It was also said that household income per capita in the euro area went up by 0.3% in the third quarter, after having an increase of 0.4% in the previous quarter. Household consumption meanwhile has also seen a steady rise with and increase of 0.1% in the third quarter, following a 0.2% increase in the second.