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Real Disposable Income Up 13% In January

Real Disposable Income Up 13% In January

19 March 2008

In January the nominal incomes of the population increased by 25% yoy, and real disposable incomes by 13%. Last year nominal incomes grew by 35% while real disposable incomes grew by 23% due the socially geared budget. The recent amendments to the 2007 budget which foresee a an increase in the minimum wage along with other social programs are expected slightly boost incomes.

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