Household income up 2.4 percent in first quarter due to rise in wages and number of pensioners

Korea's average household income rose 2.4 percent from a year earlier in the first quarter, driven by an increase in wages and a rise in the number of pensioners, government data showed Thursday.

giovedì 28 maggio 2026 New tab

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Apartments are seen in Gangnam Distrcit, southern Seoul, on March 29. [YONHAP]

Korea's average household income rose 2.4 percent from a year earlier in the first quarter, driven by an increase in wages and a rise in the number of pensioners, government data showed Thursday.

The average monthly household income came to 5.48 million won ($3,700) in the January to March period, according to data from the Ministry of Data and Statistics.

Considering inflation, household income rose 0.4 percent on-year in the first quarter.

Household income up 2.4 percent in first quarter due to rise in wages and number of pensioners

Household income up 2.4 percent in first quarter due to rise in wages and number of pensioners

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