Households that cannot cover essential expenses are growing, according to the Bank of Spain

9% of households could not cover essential expenses with their total gross income in 2022, compared to 7% in 2020, given the observed growth in inflation and interest rates, according to the report published by the Bank of Spain on the financial situation of households and companies regarding the first half of 2023.

https://www.idealista.com/news/finanzas/economia/2023/07/06/806926-crecen-los-hogares-que-no-pueden-cubrir-gastos-esenciales-segun-el-banco-de-espana