Real Disposable Income Rises 10.8% in 5M07
6 July 2008
In the first five months of 2007, real disposable income increased 10.8% yoy, while nominal income was up 25.9%. An increase in wages (+12.1% yoy in 5M07) favored the strong income growth. In 5M07, spending was up 28.6% yoy.
