Or actual performance per capita Households decreased 1.1% in the OECD in the first quarter of this year, due in part to increases in consumer prices, which “undermined the performance of households in terms of reais”, was announced this fifth-feira.
In a statement released, the Organization for Economic Cooperation and Development (OECD) states that the decline in real income per capita das famílias contrasts with the evolution of the real Gross Domestic Product (GDP) per person, which growth of 0.2% in the first quarter.
This was the fourth consecutive quarter that either GDP per capita exceeded or family income per capitareducing the difference observed at the start of the pandemic.
The performance of the families now 2.9% higher since it was the fourth quarter of 2019, as the real GDP is 1.6% higher.
Among the G7 economies, the impact of inflation on families in the first quarter was particularly clear in France, where real family income ‘per capita’ fell 1.9% in Germany, where it fell 1.7%.
In other parts of Europe, high domestic inflation also contributed to large falls in real terms of family income per capita as in Austria (minus 5.5%) and in Spain (minus 4.1%).
Among the G7 countries, o Canada recorded the highest growth in real family income per capita in the first quarter of 2022, with a rise of 1.5%, mainly due to the growth in “remuneração dos Empregados” (salaries and expirations of two Employers and social contributions of Employers), which will increase 3.8% in nominal terms in the first quarter of 2022.
Source: Observadora
