OECD household income growth continues to lag GDP growth in third quarter of 2018
Growth in real household income per capita, which provides a better picture of changes in households’ economic well-being than real GDP growth per capita, slowed to 0.1 % in the OECD area in the third quarter of 2018, compared with 0.2% in the second quarter of 2018. While real GDP per capita growth slowed more significantly (to 0.3% from 0.6% in the second quarter of 2018), it continued to outpace growth in real household income per capita.
Source: Organization for Economic Co-operation and Development
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