SMM: data released by the Bureau of Statistics today show that residents' income and consumer spending increased in the first half of 2018 compared with the same period last year.
I. income of residents
In the first half of 2018, the per capita disposable income of the whole country was 14063 yuan, an increase of 8.7 percent in nominal terms over the same period of last year, and an increase of 6.6 percent in real terms after deducting price factors. Of this total, the per capita disposable income of urban residents was 19770 yuan, an increase of 7.9 per cent in nominal terms over the same period last year, excluding price factors, and an increase of 5.8 per cent in real terms; The per capita disposable income of rural residents was 7142 yuan, an increase of 8.8 percent, and the real increase was 6.8 percent after deducting the price factor.
In the first half of this year, the median disposable income per capita of the whole country was 12186 yuan, an increase of 8.4 percent, and the median was 86.7 percent of the average. Of this total, the median per capita disposable income of urban residents was 18048 yuan, an increase of 7.4 percent, or 91.3 percent of the average, while the median per capita disposable income of rural residents was 6045 yuan, an increase of 8.7 percent, or 84.6 percent of the average.
According to the source of income, in the first half of the year, the per capita wage income of the whole country was 8091 yuan, an increase of 8.8 percent, accounting for 57.5 percent of the disposable income. The per capita net operating income was 2265 yuan, up 7.0 percent, accounting for 16.1 percent of the disposable income, and the per capita net income of property was 1166 yuan, up 10.5 percent, accounting for 8.3 percent of the disposable income. The per capita net transfer income was 2541 yuan, an increase of 9.3 percent, accounting for 18.1 percent of disposable income.
II. residents' consumption expenditure
In the first half of 2018, the per capita consumption expenditure of the whole country was 9609 yuan, an increase of 8.8 percent in nominal terms over the same period of last year, and an increase of 6.7 percent in real terms after deducting price factors. Of this total, the per capita consumption expenditure of urban residents was 12745 yuan, an increase of 6.8 percent, 4.7 percent in real terms after deducting price factors, and 5806 yuan, an increase of 12.2 percent, in rural areas, and an increase of 10.1 percent in real terms after deducting price factors.
In the first half of the year, the per capita consumption expenditure on food, tobacco and alcohol was 2814 yuan, an increase of 5.1 percent, accounting for 29.3 percent of the per capita consumption expenditure. The per capita clothing consumption expenditure was 710 yuan, up 6.3 percent, accounting for 7.4 percent of the per capita consumption expenditure, and the per capita residential consumption expenditure was 2157 yuan, up 12.4 percent, accounting for 22.4 percent of the per capita consumption expenditure. The per capita consumption expenditure on domestic goods and services was 598 yuan, up 11.8 percent, accounting for 6.2 percent of the per capita consumption expenditure, and the per capita transportation and communications consumption expenditure was 1286 yuan, up 6.2 percent, accounting for 13.4 percent of the per capita consumption expenditure. The per capita consumption expenditure on education, culture and entertainment was 932 yuan, up 7.2 percent, accounting for 9.7 percent of the per capita consumption expenditure, and the per capita medical and health care consumption expenditure was 860 yuan, up 19.7 percent, accounting for 8.9 percent of the per capita consumption expenditure. The per capita consumption expenditure on other goods and services was 253 yuan, an increase of 7.1 percent, accounting for 2.6 percent of the per capita consumption expenditure.
