The Recovery of Private Consumption in Spain by Product Type and Household

13 Pages Posted: 6 Oct 2017

Date Written: June 20, 2017

Abstract

This article describes the behaviour of household spending during the period 2005-2015 based on information from the Household Expenditure Survey. The recent recovery in consumption was broad-based, but breaking down the data in terms of households’ characteristics, the recovery was stronger in those in which the main breadwinner was in work than in those in which he or she was not. By product type, spending on consumer durables, which had shrunk most during the crisis, grew strongest over the two-year period from 2014 to 2015. Despite the strong upturn in consumption in the most recent years of the period considered, in general, median levels of expenditure per household have not yet recovered pre-crisis levels.

Suggested Citation

Martinez-Matute, Marta and Urtasun, Alberto, The Recovery of Private Consumption in Spain by Product Type and Household (June 20, 2017). Banco de Espana Article 13/17. Available at SSRN: https://ssrn.com/abstract=3048322

Marta Martinez-Matute

Banco de España ( email )

Alcala 50
Madrid 28014
Spain

Alberto Urtasun (Contact Author)

Banco de España ( email )

Alcala 50
Madrid 28014
Spain

Register to save articles to
your library

Register

Paper statistics

Downloads
11
Abstract Views
79
PlumX Metrics