Home » Economy, Europe » Ukrainians spend half of their income on food, highest in Europe


Ukrainians spend half of their income on food, highest in Europe

 
 
 
 
submit to reddit

5c1cc4b7fc7e93903b8b4594

If you think basic items are costing you too much, take a look at this year’s research by RIA Novosti, which shows how much people in European countries spend on food, alcohol and leisure.

By far the highest expense for households in Ukraine is food, according to statistics revealing the spending habits of average families in 40 European countries. Ukrainians spend more than half their income – 50.9 percent – buying groceries, the study found. And few can afford to visit restaurants and hotels, where only 2.8 percent of their budget is spent.

Ukraine’s place in the ratings has not changed in two years, as a similar research in 2016 also put the country at the bottom of the list. Back then, 54 percent of its citizens’ incomes were spent on food.

Kazakhstan, which is also included in the study, sits in second-last place with 46 percent, while Moldova is the third worst with 43.4 percent of families’ incomes being spent on essentials.

At the other end of the table, there are countries in which people have other items on which to spend their money. Food accounts for just 8.8 percent of the family budget in Luxembourg, while they spend almost the same amount, 8.3 percent, in restaurants and hotels.

The British are the second-least-hungry nation, according to RIA, and one of only two states who prefer spending more money on leisure than in a supermarket. The study shows that food expenses account for 10 percent of British incomes, while 13 percent is spent on discretionary items like culture events and leisure. Notably, only Sweden is ahead of the UK in this regard, with 18.7 percent of its citizens’ income being spent on entertainment.

The Netherlands is third on the list with the least amount of money spent on food, with Ireland and Finland completing the top five.

Source

Please wait...


RELATED ARTICLES

Read More Stories About: , , , , , ,
Did you like this information? Then please consider making a donation or subscribing to our Newsletter.

Conversation Guidelines

Starting a conversation on our website is very easy, all you need to do is to write your name, email and the comment itself. No account is required to leave a comment. Your email won't be used for any purpose whatsoever, if you want, you can even write a fictitious email. Please keep it civil, try to refrain from slurs and insults. We offer Free Speech rights to our comment section but please take note that the comment section is moderated so certain comments may be held for moderation in case they triggered our automatic filters. If your comment is on hold for moderation and you can't see it anywhere there is no need to repost it. Don't worry, it doesn't mean it won't get approved. Please patiently wait and check back later.



Copyright © 2009 The European Union Times – Breaking News, Latest News. All rights reserved.