Living standards are set for the largest fall on record in 2023-24

Real household disposable income per person, annual growth rate

10%

Projection

8

6

4

2

0

-2

-4

-6

1960

1970

1980

1990

2000

2010

2020

10%

Projection

8

6

4

2

0

-2

-4

-6

1960

1970

1980

1990

2000

2010

2020