Household income fell 4.5% in the year to May, the biggest annual fall since 1975
Annual growth in median non-pensioner disposable household income, after housing costs
12%
8
4
0
-4
-8
1962
1980
2000-01
2020-21
12%
8
4
0
-4
-8
1962
1970
1980
1990
2000-01
2010-11
2020-21