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In September 2016, real disposable income and real wage were 97.2% and 102.8%, respectively, compared to the same period last year. The real size of pension benefits in August 2016 reached 96.2% compared to the same period last year. In two years, real disposable income decreased by 8.7% while...
Persistent link: https://www.econbiz.de/10012978688
Despite real wages weak growth since August 2016, real disposable cash incomes are contracting and material situation is getting worse. In 2016, the poverty level increased compared to 2015 and came to 13.5% which is above the poverty level of 2007–2015
Persistent link: https://www.econbiz.de/10012957808
Since November 2014, the population's real disposable money income have been steadily on the decline. Data for January – September 2015 point to a rising poverty rate. In 2015, the share of personal income spent on commodities and services hit its record low of the past 16 years. The share of...
Persistent link: https://www.econbiz.de/10012992288