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The share of people earning more than 900 years over the past two years has increased by more than one-tenth, and wage growth is expected in the future. According to a recent survey by the Bank of Lithuania (LB), residents are saving more and are mainly concerned with public goods and services.
66% of households reported that their financial situation was good or average. Respondents who said it were 58% two years ago. The highest (87%), as in previous surveys, was estimated by families earning 900 Eur per month.
Households who said they did not have enough money to feed themselves and those who said that money was enough to feed themselves but that it was very difficult to eat. buy clothes went from 9% to 5% and from 29% to 25%
Between 15% and 18%, families having enough money to buy a bigger volume (TV, refrigerator) but do not can buy a valuable purchase (apartment, holiday home, for example) have gone from 15% to 18%. Investment remains NT
Housing or other real estate remains the most attractive investment – almost every second household says so. The most interesting for this investment were non-metropolitan residents and 351-600 Eur per month. respondents (58% and 56% respectively). Every tenth household said it considered gold as the most attractive investment and art work.
Continuation of the activity
[infogram id=”6a2b106a-8cc5-463c-b37b-027468fcf83a” prefix=”WeO” format=”interactive” title=”Populiariausios investicijos 2018, LB”]
comes every second
Every second resident is able to save at least a portion of his income. Above all, during the month, they saved from 31 to 150 Eur – as indicated by almost half (47%) of respondents who have been in the last 6 months. managed to save. Between 14% and 20%, households that can deduct from 151 to 300 euros per month have increased. The reasons for savings are unchanged – the potential deterioration of the financial situation and the desire to have sufficient funds for unforeseen expenses (respectively 52% and 47%).
The main reason for saving young people (18-29 years old) is short-term purchases. costs One in three households reported losing the main source of income without losing their lives for more than one month
the lowest income (up to 350 euros per month) and the younger population ( 18-29 years old) (respectively 57 and 44% of respondents). Two-thirds of households continue to save their time on an account or term deposit. According to 56% of respondents, the proportion of those who reported that they considered saving at home was the lowest of the last two years
The population would be satisfied with living conditions in Lithuania if it received 1.5 to 2 times more income than she now receives
One-third (37%) of respondents said that they would be happy if their income exceeded 1,500 euros per month . Another third (31%) of households would be satisfied with living conditions in Lithuania if their income was 901-1 500 EUR per month. Every second from 351 to 900 euros per month. the winning investigator claimed that the living conditions in Lithuania would be satisfied if his income amounted to 901-1,500 euros per month. From now on, more families with an income (1,500 euros per month or more), two out of three (63%) would like to earn at least 2,000 euros per month to save at least part of their income
The number of households up to 20%), claiming that their income in the last 6 months. grown up. During the last semester, income growth was most often reported by the youngest population (18-29 years) and by 351-600 Eur per month. receiving respondents (26% and 25% respectively). 14% of respondents said that their income had decreased during the last semester (18% in the previous survey), while 61% indicated that the income was unchanged. More than half (59%) of households thought their income would not change over the next six months.
The increase in income over the next six months. It is expected that almost twice as many respondents will decline (14% and 8% respectively). Household expectations due to the minimum cost in the next 6 months. essentially unchanged – six out of ten households (62%) said their spending would increase. Households will continue to be most concerned about rising food prices and rising utility prices (41% and 22% respectively). A possible reduction in incomes and higher fuel prices will increase every ten inhabitants.
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