Guangdong avg disposable income in the 1st quarter nearly $2,000
2021-04-20 09:42     Source : GRTRadio

Statistics released by the Survey Office of the National Bureau of Statistics in Guangdong Province showed that the per capita disposable income of Guangdong residents averaged 12,636 yuan in the first quarter of this year. This represents a year-on-year increase of 16.3% on an inflation-adjusted basis.

In terms of the Consumer Price Index (CPI), Guangdong's CPI fell by 0.7% year-on-year in the first quarter.

The continuous income growth has boosted consumer confidence as a result. In the first quarter, the per capita living consumption expenditure of Guangdong residents was at an average of 8,024 yuan, a rise of 16.5% compared with the same period of last year.

Editor: Zheng Sihui