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China income growth in 2022 fell well short of that in 2021, back at COVID (2020) levels
Data from China's National Bureau of Statistics (NBS) released earlier today:
- Income per capita in China +2.9% in real terms in 2022
- was +8.1% ins 2021
- 2022 growth rate is similar to that of 2020, impacted by COVID and sweeping lockdowns and other restrictions
- Per capita spending -0.2% real terms
Info via Reuters report on the NBS release.
This article was written by Eamonn Sheridan at www.forexlive.com... Read More Posted: Feb 28 2023, 03:41
Author Name: forexlive
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