What have Spaniards spent less money on in 2020 to the point of home consumption falling by more than 10%

The pandemic it has changed the world as we knew it until a little over a year ago. Suddenly, our habits, customs and routine stopped overnight to stop the spread of the virus, which continues to spread today. despite the arrival of vaccines.

Yes OK 2021 is a different result than 2020 because we are already recovering the long-awaited normality. But looking back at the past year, in which we were at home longer than outside, a paradox is observed: despite having been home more than ever, we have spent much less.

This is clear from the Household Budget Survey published by the National Institute of Statistics (INE), from last year, which reflects a fall in domestic spending of more than 10%, leaving an average of about 27,000 euros per household.

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The fact that our lives were cut short had an impact on spending, especially considering that many people were unemployed overnight. Thus, he had to fasten his seatbelt more than ever and reduce expenses, which in many respects was very easy. But, What exactly do we save the most money on?

What we saved the most in 2020

What were the spending categories in which Spaniards saved the most in 2020? Well, according to the INE data, what we spent the least on was education, with an average outlay per household from 437 euros. Taking into account that the children stopped going to class in March and started to ‘tele-study’ (something that was highly questioned), the need for materials and other school expenses was reduced to the maximum.

And it is an expense item that is not trivial, since families with several children make a significant outlay on education each year in books, materials, extracurricular activities and classes, clothing, etc.

We spent little more last year to alcoholic beverages, according to this report. Total,about 510 euros per family. The fact that we could not leave home greatly reduced spending on socializing, because the meetings to have something by video call were not enough and that expense was not supplied in this way.

Also, although increased the purchase of beer or wine in the supermarketwe talk about drinks low grade, with which the expense is much lower. In the end, consumption in Spain is very social, and if the interaction is nipped in the bud, consumption falls.

In communications we spend 939 euros and in health, 1000 euros. This would be the other two lowest spending categories, along with clothing and footwear items (another 1,000 euros) and home furnishings, with about 1,170 euros for each household.

Therefore, we see that all the spending that we cut was the most related to activities outside the home, the ones we couldn’t do last year. It remains to be seen if this atypical also 2021 we recover those customs or the savings established during confinement (by obligation) have really reached society.

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