[경제]Income and expenditure polarized…

[앵커]

Amid the Corona 19 shock, spending for low-income families increased, while for high-income families, spending declines, leading to polarization in spending.

Last year, overall household income increased, but expenditures declined rapidly, showing a so-called’recession-type surplus’.

Reporter Oh In-seok on the report.

[기자]

In the fourth quarter of last year, the average monthly income of households with 20% of the top income rose 2.7%, while the income of households with the 20% of the lower income rose only 1.7%.

The government’s public aid, such as disaster assistance, was concentrated in the lower income bracket, but the income gap between upper and lower households widened.

Consumption spending was also polarized.

Households with lower incomes of 20% increased spending by 1.8%, while households with 20% of income increased spending by 0.4%.

The proportion of essential expenditure items for low-income people, such as food, non-alcoholic beverages, housing, and water, was significantly higher than that of high-income people.

In particular, the recent increase in grocery prices and the increase in jeon and monthly rent costs seem to have put a heavy burden on the low-income class.

[유경원 / 상명대 경제금융학부 교수 : 저소득 취약 계층은 소득이 작아 대부분 필수적인 소비라 소비지출을 줄일 여력이 적은 반면에, 고소득 계층은 상대적으로 소득이 높기에 불확실한 미래를 대비한 저축 여력이 높습니다.]

As spending declined, household surpluses hit a record high.

The household surplus, which is the percentage of money left over from spending and spending, exceeded 30% in all four quarters of last year.

Rather than an increase in income during the Corona 19 crisis, it is the result of a recession-type surplus caused by not using or not using it.

Experts analyze that the surplus accumulated during the crisis often leads to explosive consumption after escaping from the crisis.

It is the possibility of so-called’retaliation consumption’.

There is concern that rapid consumption expenditure may increase inflation and economic volatility, raising potential household debt risks.

YTN Oh Inseok[[email protected]]is.

[저작권자(c) YTN & YTN plus 무단전재 및 재배포 금지]

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