Disposable Income Shrinks Massively

Disposable income in Greece fell 8.3 pct in Q4

The disposable income of Greek households decreased by 8.3 percent in the final quarter of 2012 compared to a year earlier, according to figures published by the Hellenic Statistical Authority (ELSTAT).
Household final consumption also fell 11.2 percent in Q4 of 2012, to 30.2 billion euros from 33.9 billion in the same quarter in 2011, ELSTAT said.

My view:

What this means in the real world is as follows:

You can't afford this.



You can instead afford this.





Bon appetit!


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