Competence and Real income: Difference between pages
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imported>Doug Williamson (Create the page. Source: The Treasurer, March 2017, p17.) |
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Income which has been restated to exclude the effects of inflation. | |||
When the rate of inflation exceeds the rate of increase - if any - in incomes, real incomes fall. | |||
<span style="color:#4B0082">'''''Real incomes squeeze'''''</span> | |||
:"Unless wages begin to accelerate in line with the inflation pick-up - unlikely, but not impossible - households will see real incomes squeezed this year. Households could turn to credit and begin to draw down on savings to maintain their preferred level of consumption." | |||
:''The Treasurer magazine, March 2017, p17 - Kallum Pickering, senior UK economist, Berenberg Bank.'' | |||
== See also == | == See also == | ||
* [[ | * [[Inflation]] | ||
* [[ | * [[Real]] | ||
* [[ | * [[Real rate]] | ||
* [[Income]] | |||
[[ | * [[Nominal]] | ||
* [[Treasury inflation-indexed securities]] | |||
Revision as of 14:21, 13 March 2017
Income which has been restated to exclude the effects of inflation.
When the rate of inflation exceeds the rate of increase - if any - in incomes, real incomes fall.
Real incomes squeeze
- "Unless wages begin to accelerate in line with the inflation pick-up - unlikely, but not impossible - households will see real incomes squeezed this year. Households could turn to credit and begin to draw down on savings to maintain their preferred level of consumption."
- The Treasurer magazine, March 2017, p17 - Kallum Pickering, senior UK economist, Berenberg Bank.
