Data from China's National Bureau of Statistics (NBS) released earlier today:
- Income per capita in China +2.9% in real terms in 2022
- was +8.1% ins 2021
- 2022 growth rate is similar to that of 2020, impacted by COVID and sweeping lockdowns and other restrictions
- Per capita spending -0.2% real terms
Info via Reuters report on the NBS release.
