Portuguese earn less 12 euros per month than in 2009 – Jornal Econômico

The average household income in 2017 increased, but was still lower than in 2009, that is, before the crisis that hit the country. In 2009, Portuguese families had an average income of 18,734 euros per year. 176 euros more than these days.

The data published today by the National Statistics Institute are already definitive and are included in the Survey on Living Conditions and Household Income.

According to the INE, in 2017 each family lived with 18,558 euros per year (1,325 euros per month, if we consider 14 months), a value that has been increasing since 2013 but is still below pre-crisis levels .

The publication also confirms that in 2017 there were 17.3% of the population at risk of poverty, living on less than 467 euros per month. They are 1.0 percentage points lower than the levels recorded in 2016 but they have also failed to recover to pre-troika levels.

In addition, it accounts for a relevant trend: although poverty has alleviated among children and young people, it continues to worsen for the retired and the unemployed.

By 2017, 45.7% of the people without paid work lived on less than 467 euros per month, a percentage that hits all records. Among the retired, it is the women who feel the most lack of money: 16.9% are at risk of poverty.

35% can not ensure an unexpected expense
The material deprivation rate of residents in Portugal is 16.6%, down 1.4 percentage points (pp) from 2017 (18%). All indicators improved compared to the previous year. Still, 34.7% of people live in households that are unable to make an immediate, unplanned payment of unexpected expenses.

More than 19% live in households with no ability to keep the house adequately heated. There are still 6.6% who live in households without the capacity to pay rents, charges or current expenses in a timely manner.

There are also Portuguese who can not afford things as simple as a meat or fish meal every two days, have a washing machine, color television or telephone.

The biggest restrictions, however, are on vacation, with 41.3% of people unable to afford a week of "rest" a year away from home.

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