BriefTea
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Explained in plain English
'Real' disposable income means your income adjusted for inflation. So, if your income goes up by 5% but prices (inflation) go up by 3%, your 'real' income has only increased by 2%. It shows how much more you can actually buy, not just how much more cash you have.
Stories that explain this
Northern Ireland saw UK's biggest rise in disposable income during 2024