Survey reveals that the family budget has doubled in the last five years
Data from the Household Budget Survey (HBS)2014/2015 of the National Institute of Statistics (INE),released last week,reveal that Mozambican families doubled the monthly expenses for 6924 meticais against the investigation in data of 2008 /2009.
In terms of monthly spending per person,the data also show an increase by more than double, passing from 721 meticais in 2009 to 1406 in 2015
Calculations show that in 2009 every Mozambican spent on average 24 meticais a day instead of the current 46.8 meticais,equivalent to spending a dollar a day at current exchange.
As the structure of expenditure,the survey shows that families Mozambican families continue to spend more on food products and non-alcoholic beverages,accounting for 35.6% of total spending of
each family.
However,spending on refreshments and non-alcoholic beverages dropped significantly because the 2009 survey represented 51.4% of total monthly spending per household.
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