Real income: Difference between revisions
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imported>Doug Williamson (Classify page.) |
imported>Doug Williamson (Links ordering.) |
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== See also == | == See also == | ||
* [[Income]] | |||
* [[Inflation]] | * [[Inflation]] | ||
* [[Nominal]] | * [[Nominal]] | ||
* [[Real]] | * [[Real]] | ||
Latest revision as of 23:47, 11 March 2023
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.
