Household expenditure refers to the per capita breakdown of general living expenses, including housing, food in the family, utilities such as water and electricity and other expenses. Then divide the sum of all expenses by the number of family members and work out the expenses of each member.
Personal consumption expenditure is also called personal consumption expenditure, and its English name is Personal Consumption Expenses. Personal consumption expenditure refers to the expenses paid by individuals and families to meet their own needs. Including personal expenditure on goods and services, is an important indicator to measure residents' consumption expenditure.
Personal consumption expenditure is divided into three categories, namely durable consumer goods, non-durable consumer goods and services.
Basic information
Consumer goods that can be used for more than one year, such as cars, televisions, furniture, etc., are called durable consumer goods; Consumer goods less than one year old, such as food, soap, gasoline, etc., are called non-durable consumer goods.
When it is difficult to draw a clear line between the two, it can only be rigidly stipulated. For example, clothes are called non-durable consumer goods.