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(Yicai Global) Oct. 19 -- China's inflation-adjusted personal disposable income recorded its first annual growth this year at the end of last month as the nation’s economy gradually improved in the wake of the pandemic, the National Bureau of Statistics announced today.
Inflation-adjusted personal disposable income gained 0.6 percent in the first three quarters in an improvement from the 1.3 percent drop during the first two.
The nominal personal disposable income rose 3.9 percent to CNY23,781 (USD3,538) during the period, the agency added.
Average pocket money for city dwellers was CNY32,821, up 2.8 percent on the year before, but a 0.3 percent drop when adjusted for inflation, while that of rural residents was CNY12,297 in a 5.8 percent rise, and a gain of 1.6 percent post-inflation.
Editor: Ben Armour