Skip to main content

Although the average income in Andalucía is increasing, salaries are not providing sufficient financial coverage.

According to a survey, despite an increase in per capita income, inflation has caused more people to struggle to pay their energy and grocery bills.












The 2022 Living Conditions Survey revealed a mix of good and bad news for Andalucía's economy. On the positive side, the improvement of employment and salaries led to an increase in per capita income, pushing it up by almost 8% to 10,703 euros per person per year, which is a new all-time maximum. The increase was greater than the national average of 6%, and it puts the region above the 10,000-euro threshold for the first time.

Additionally, the poverty rate in Andalucía has reduced, with 29.1% of the population below the poverty line in 2021, compared to 32.3% in 2020. The proportion of people at risk of poverty was also lower, which is a relative indicator of inequality.

However, despite these improvements, inflation has caused more people to struggle to make ends meet. The survey revealed an increase in energy and food poverty, with more people struggling to keep their homes at an adequate temperature and afford regular meat or fish in their diet. This can be attributed to the rise in prices, especially for food and energy, leading to more people having difficulty making their salaries stretch to the end of the month.

The survey also highlighted that 45% of those interviewed would not be able to meet unexpected expenses, while 6.2% cannot afford to own a car. These results suggest that although the average income has increased, there are still many people in Andalucía who are struggling to achieve financial stability.

Overall, the survey indicates that there has been progress in Andalucía's economy, with an increase in per capita income and a reduction in the poverty rate. However, the rise in inflation is a concern, as it is making it difficult for many people to pay their bills and meet unexpected expenses. This highlights the need for policies to address the issue of rising prices and ensure that everyone in Andalucía can achieve financial stability.

Comments

Popular posts from this blog

One Marbella - Property for sale Marbella

PROPERTY FOR SALE MARBELLA: Luxury complex consisting of 25.000 m2 of landscaped gardens - Breathtaking views of the Mediterranean sea - 2 and 3 bedroom apartments and penthouse duplex.

"Spain and England's World Cup Waltz: The Pinnacle Plays of the Pitch!"

 "La Roja and the Lionesses set for a Down Under Duel in Sydney! Prepare for a football fiesta as Spain's La Roja squares off against England's Lionesses at the iconic Stadium Australia this sunny Sunday, 20 August. The stakes? Just the little matter of the Women's World Cup title. For both teams, it's uncharted territory. They've danced around the finals before, but never quite made it to the last tango. Spain's road to the finals was nothing short of a nail-biter. With a thrilling 2-1 victory over Sweden, where the scoreboard remained dormant until the last 10 minutes, La Roja proved they love a little late-game drama. As for the Lionesses, they showed their mettle by taming the co-hosts, Australia, with a captivating 3-1 win. Now, with the world watching, both squads are on the prowl, each looking to pounce and claim their first-ever Women's World Cup crown. May the best team win (and the fans get to enjoy some fantastic football)!"

"Every Five for Festive Lights: Metro Trains on a Rapid Roll to Malaga's Yuletide Glow"

Starting this Friday, when Malaga's festive lights burst into life, the pulse of the city's metro services will quicken. From 5.30pm to 11pm, the heart of the city will pulse with trains arriving every five and a half minutes. The anticipation is building. November 24, circled in crimson in countless calendars, heralds the beginning of Christmas in Malaga. At 7pm, the city's authorities will unveil the seasonal splendour along the premier shopping avenue, Calle Larios, signalling the start of holiday festivities. An impressive array of over 2.2 million LED lights will adorn 500 thoroughfares, plazas, and landmarks, turning the city into a luminescent wonderland. This spectacle is set to draw throngs to the city's core. In response, Metro de Málaga is ramping up its train schedule, promising a train every 5 minutes and 20 seconds from November 24th, as announced on their X social media platform. This enhanced train schedule kicks off on the lighting ceremony day, offerin