Household disposable income is forecast to fall by the most since the 1950s

Year-on-year growth in real household disposable income (per capita)

10%

Forecast

8

6

4

2

0

-2

-4

1960-1

1980-1

2000-1

2020-1

10%

Forecast

8

6

4

2

0

-2

-4

1950-1

1960-1

1970-1

1980-1

1990-1

2000-1

2010-1

2020-1