Abstract
The reduction in real disposable cash income was due to the economic difficulties caused by the proliferation of the coronavirus infection The shutdown of a host of organizations in spring 2020 and the decline in consumer demand, in the first place for non-food products and services, reported in Q2-4 2020 (retail sales turnover came to 84.0, 98.4 and 97.2%, respectively of the same period of 2019) resulted in the cut in household incomes. In 2020, the total value of cash incomes of the population went down by 3.0% in real terms against 2019, while the amount of remuneration of wages and salaries of employees decreased by merely 0.9% in real terms.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
