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Increase in country’s income

At 0.2% the country’s income increased in real terms per capita during the second quarter of 2016 after rising 1% in the previous quarter, according to SigmaLive citing a report from Eurostat on 28 October.

The actual per capita consumption for the II quarter of 2016 remained stable, while in the I quarter of the same year the index rose by 0.9%.

Among the 28 EU member states the real per capita income grew by 0.5% in the second quarter of 2016 (in the first quarter it grew by 1%). Finally, the marginal propensity to consume has grown by 0.4% in the second quarter of 2016, after rising 0.5% in the first quarter.

Meanwhile, according to the European Commission in October 2016, the economic sentiment indicator (ESI) rose by 1.4 points in the euro area (at 106.3) and the EU (106.9).