Only the top 20% of urban households saw a rise in real income in the first quarter...the rest all decreased. | Yonhap News

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1분기 도시가구 상위 20%만 실질소득 늘어…나머지는 모두 감소 | 연합뉴스
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In the first quarter of this year, only the top 20% of urban household income saw an increase in real income, while the remaining 80% all decreased. This is a result that shows the deepening income gap phenomenon. The upper class saw their real income rise thanks to previous income increases, but the lower class experienced a decrease even in previous income, significantly affected by the economic slowdown and high inflation. In particular, households in the lowest 1st quintile are experiencing greater difficulties due to the higher proportion of previous income in total income, leading to a decrease in previous income.

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