China's Disposable Income Rose 0.8% in First Quarter
Tang Shihua
DATE:  Apr 17 2020
/ SOURCE:  Yicai
China's Disposable Income Rose 0.8% in First Quarter China's Disposable Income Rose 0.8% in First Quarter

(Yicai Global) April 17 -- China's nominal personal disposable income increased by 0.8 percent to CNY8,561 in the first quarter, but the inflation-adjusted rate was down 3.9 percent, the country’s National Bureau of Statistics announced today.

Average disposable income for city dwellers was CNY11,691, up 0.5 percent on the year before, but a 3.9 percent drop when adjusted for inflation, while that of rural residents was CNY4,641 in a 0.9 percent increase, but down 4.7 percent after inflation.

Editor: Ben Armour

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Keywords:   Disposable Income,Economic Data,First Quarter