The pressure on household incomes has intensified in recent months due to the increase in fixed expenses and the growing weight of debts.The adjustment in services and rents, together with an uneven recovery in income, sets up a scenario in which spending capacity is restricted.
Fixed%20%20expenses%20represented%20the%2022.7%%20of%20income%20in%20November,%20which%20implies%20an%20increase%20of%207.4%20points%20percentage%20regarding%20of%20ago%20two%20a%C3%B1os,%20sec%C3%BAnestimates%20of%20the%20consultant%20Empiria.
On the%20side%20of%20expenses,%20the%20decrease%C3%B3n%20in%20the%20prices%20of%20transport%20p%C3%BAblic (0.7%%20in%20t%C3%A9real%20terms)%20and%20in%20the%20price%20of%20water%20(-1.4%)%20no%20achieve%C3%B3%20compensate%20increases%20registered%20in%20electricity%20(1.4%),%20expenses%20(0.9%)%20and%20rents%20(0.4%).
At%20same%20time,%20the%20income%20available%20register%C3%B3%20in%20November%20a%20ca%C3%ADgives%20real%20of1%,%20what%20represents%20the%20greatest%20decrease%C3%B3n%20since%20February%20of%202024.%20From%20August, when%20reached%C3%B3%20his%20level%20m%C3%A1s%20high%20from%20November%20of%202023,%20accumulates%20a%20reversal of%202,1%%20in%20three%20consecutive%20months of%20decline.
For%20effect%20of%20a%20base%20of%20comparison%C3%B3n%20low%20and%20the%20drag%20state%C3%ADstic%20generatedby%20the%20recovery%C3%B3n%20of%20finals%20of%202024,%20%C3%B1al%C3%B3%20Empiria,%20it%20projects%20that%20income%20available%20in%202025%20will%C3%A1%20an%20increase%20from%2012%%20compared to%20to%20a%C3%B1or%20previous.
However,%20the%20trend%20shows%20a%20deceleration%C3%B3n%20towards%20the%20half%20from%20to%C3%B1o%20anda%20reduction%C3%B3n%20in%20the%20%C3%Blast%20quarter.%20In%20December%20from%202025,%20the%20interannual increase%20be%C3%ADa%20from%205%%20against%20to%20same%20month%20of%202024,%20but%20a%C3%BAn%20remain%C3%ADa%203,7%%20below%20of%20December%20of%202023.
For%202026,%20if%20the%20inflation%C3%B3n%20continue%C3%BAa%20decelerate%C3%A1ndorse,%20se%20prev%C3%A9%20a%20slight%20improvement in%20available%20income,%20estimated%20in%20around%20to%201%.
The%20report%20highlights%20that%20although%20%20available%20income%20reduced%20in%20all%20%20sectors%20la%20population%C3%B3n,%20the%20impact%20was%20not%20equal:%20for%20the%20deciles%201-4,%20that group%20a%20who%20peThey receive%20income%20m%C3%A1s%20low,%20the%20ca%C3%ADda%20was%20of%201.2%,%20while%20for%20the%20population%C3%B3n%20of%20decile%208-10,%20with%20income%20m%C3%A1s%20high,%20the%20disposableincome%20decreases%C3%B3%20a%200.9%.
In%20meanwhile,%20%E2%80%9Call%20salaries%20were%20reduced%20in%20t%C3%A9real%20terms:%20the%20registered%20were%20reduced%200.6%%20-third%20contractioni%C3%B3n%20consecutive-,%20the%20of%20sector%20privateformal%200,3%%20and%20the%20of%20sector%20p%C3%BAblic%201,3%.%20For%20your%20share,%20the%20income%20unregistered%20will%C3%ADan%20ca%C3%ADdo%200,4%%20in%20the%20month.%20The%20income%20not%20work,%20to%20start%20ofthe%20acceleration%C3%B3n%20of%20the%20inflaci%C3%B3n%20y%20su%20f%C3%B3rmula%20of%20adjustment%20of%20indexation%C3%B3n%20with%20lag, they are%20the%20that%20m%C3%A1s%20fall in%E2%80%9D,%20highlight%C3%B3%20Empiria.
On%20other%20hand,%20but%20also%C3%A9n%20giving%20account%20of%20the%20crisis%20of%20income,%20the%20quotas%20decredits%C3%A9credits%20absorb%20the%2026,3%%20of%20the%20mass%20salary%20registered,%20of%20agreement%20with%20datafrom%20Bank%20Central.%20This%20percentrate%20reaches%20the%20level%20m%C3%A1s%20high%20in%20almost%20twod%C3%A9every.%20While%20the%20expense%20fixed%20use%C3%B3%20closeto%20of%20eight%20additional%20points%20ofincome%20available,%20other%2015%20points%20were%20allocated%20to%20payment%20of%20instalments.
Of the%20total,%2014,6%20points%20correspond%20to%20cr%C3%To9personal%20adits,%209.3%20to%20cards%20decr%C3%A9dito,%201.7%20a%20cr%C3%A9ditos%20pledge%20y%200,7%20a%20cr%C3%A9ditos%20mortgage.%20De%20esthis%20form,%2086%%20of%20the%20debt%20corresponds%20to%20financing%20of%20short%20term,%20what%20%20evidence the%20need%20of%20the%20homes%20by%20cr%C3%A9ditos%20of%20r%C3%A1ask%20resolution%C3%B3n.
“In a more stable economy with greater predictability, horizons would be longer and long-term credit (first collateral, then mortgage) would gain participation,” considered Empiria.
“The reduction in inflation is one of the explanatory factors, for two reasons: first, because it lays the foundations for an economy with greater credit, but, also, because the abrupt reduction in inflation did not give time to change the consumption habit. With high inflation, the fees are liquefied and the weight on income is less,” he added.
As%20contracara,%20in%20November,%20la%20delay%20in%20los%20cr%C3%A9ditos%20banking%20returned%C3%B3%20areachesr%20a%20r%C3%A9cord,%20to%20locate%20in%20%208.8%%20of%20balance%20due.%20The%20irregularity grew%C3%B3%20in%20all%20%20l%C3%ADneas,%20driven%20mainly%20by%20los%20cr%C3%A9additions%20personal%E2%80%94with%20a%20default%20of%2011%%E2%80%94%20and%20the%20cards%20of%20cr%C3%A9dito,%20which%20registered%20a%209.2%.
In%20meanwhile,%20the%20pr%C3%A9we%20wear%20showed%20a%20default%20of%205.2%,%200.4%20points%20poreOn%20of%20October,%20while%20that%20the%20cr%C3%A9dito%20mortgage%20remained%20in%20around%20to1%.
