The effect of economic development and policy changes on the purchasing power of example households

Forecast Publications, Representative Households Hannu Karhunen, Ilkka Kiema, Sakari Lähdemäki, Aila Mustonen, Heikki Taimio, Seija Ilmakunnas, Henri Keränen, Terhi Maczulskij

Representative Households 2017–2018

  • The development of purchasing power among working example households has been modest in recent years, and no significant change is forecast for 2017 and 2018.
  • An exception among the wage-earner households has been the single-parent household, whose purchasing power has grown as a result of increased housing allowances.
  • The development of purchasing power among example households receiving benefit income and/or income transfers was better than that of other households in earlier years, but this trend has turned in a less favourable direction for them during the current parliamentary term.
  • Owner-occupiers have benefited from lower inflation relative to those renting their homes.

(AI translation)

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