"Real household income per capita in the OECD rose by 0.4% in Q2 2025, while real GDP per capita grew slightly faster at 0.5%. Both measures showed an acceleration compared with the previous quarter, when they each grew by 0.1%. The overall acceleration in real household income per capita reflected stronger growth in most OECD countries. Among the 19 countries for which data is available, 12 recorded higher growth than in the previous quarter, while 7 saw a slowdown."
"Lower inflation in Q2 also supported real income growth in other G7 countries. Growth in real household income per capita also increased, though more modestly, in the United States (from 0.5% to 0.6%) and Canada (from 0.1% to 0.2%), even as real GDP per capita contracted in Q2 in Canada (-0.4%). By contrast, Italy experienced a slowdown in real household income per capita growth, from 0.8% in Q1 to 0.3% in Q2, mainly reflecting a decline in remuneration of employees."
Real household income per capita in the OECD rose 0.4% in Q2 2025, while real GDP per capita increased 0.5%, both accelerating from 0.1% in Q1. Among 19 countries with data, 12 recorded higher household income growth and seven slowed. In the G7, most countries saw income gains: Germany and the United Kingdom rebounded to 0.3% after Q1 contractions, driven in Germany by higher government social benefits and lower social contributions and in the United Kingdom by higher remuneration and lower paid taxes. France saw income rise as inflation halted. The United States and Canada recorded modest income gains; Italy slowed. Poland led other OECD countries with strong household income growth.
Read at London Business News | Londonlovesbusiness.com
Unable to calculate read time
Collection
[
|
...
]