A survey by the Estonian Market Research Institute indicated the average Estonian spends about 38 per cent of their monthly income on food.
Published:
16 February 2000 y., Wednesday
That number fell by more than 6 per cent in the last three years. In monetary terms, Estonians spend 747 kroons ($46.69) per month, said Liina Ernits, an expert with the institute. In the European Union, people spend 20 per cent on food per month, while that number is 12 per cent in the U.S., said Ernits. The importance of food in the total expenses shows the standard of living in any given country; if the number is smaller, the country is more developed. Lithuanians spent 48 per cent on food in 1998; Latvians spent 42 per cent.
Šaltinis:
The Baltic Times
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.
The most popular articles
AB Bank SNORAS, being the patron of the “Partnership Leader” nomination of the International trading palace ICC Lietuva (hereinafter - ICC Lietuva), this year initiated a special prize - “Business Ambassador”.
more »
Tremont Capital Group, an ATM-industry consultancy that works closely with the ATM Industry Association, has released its 2009 ATM Industry Fact Sheet, which summarizes the history and current state of the ATM industry.
more »
The renowned magazine “Global Finance” has named the UniCredit Group as the “Best Trade Finance Provider 2009” in CEE, Austria and Poland as well as “Best Bank for Payments & Collections in CEE 2009”.
more »
AB Bank SNORAS group, which comprises AB Bank SNORAS, AB “Latvijas Krājbanka” operating in Latvia and 19 other companies, during last year, according to unaudited data, earned LTL 41.7 million profit.
more »
At a meeting this week, Nils Melngailis, the Chairman of Parex banka, and Alex M Furber, American Express Vice President in Central and Eastern Europe, agreed to explore further options for co-operation.
more »
The country’s residents wish to have a clear understanding of financial services they use and are ready to make their final decision only when the advantages or disadvantages of each option is evident to them.
more »
Thales UK`s naval business recently announced the signature of an important sub-contract with Swedish company Polyamp AB for the supply of mine warfare degaussing systems for its new Lithuanian warship reactivation programme.
more »
Hundreds of anxious depositors are rushing to pull out their money from banks affiliated with the Texas billionaire Allen Stanford accused of fraud.
more »
VAT cuts for things like household repairs, care services, audio books and beauty treatments are likely to be backed by MEPs on Thursday.
more »
MEPs are calling for tough new measures to be taken against whaling.
more »