Romanian household income, up 2.2 % in last quarter of 2013

The average household income in Romania was RON 2,624 (some EUR 583) a month in the last quarter of 2013, up 2.2 percent on the same period of 2012. the majority of the income – 83 percent, was made of cash. Meanwhile, total expenses were at RON 2,394 a month per household (or some EUR 532), according to data from the National Statistics Institute. This resulted in a 'profit' per household of some EUR 51 a month. Half of the income came from salaries, while 20 percent came from social security, 3 percent from agriculture, and another 3 percent from independent activities, other than agriculture. In kind-revenues (Non-cash payments received in exchange for services rendered or in lieu of a cash contribution) brought about 16.7 percent of the household income. An average Romanian household spent most of its income on food, non – food items, taxes, as well as agriculture – related expenses. editor@romania-insider.com