Income growth recovery lagging behind GDP growth
Disposable income and GDP, real yoy, in percent
Jan
2019
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Jan
2020
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
−8
−7
−6
−5
−4
−3
−2
−1
0
1
2
3
4
5
6
7
8
Disposable income
GDP