
Hong Kong's median monthly private household income up 4.1%
On back of stronger income growth.
Citing the quarterly report on general household survey by the Census and Statistics Department, Barclays said in its report that Hong Kong's median monthly private household income rose 4.1% y/y to HK$30,700 during the third quarter of 2013, while median overall monthly household income increased by 8.2% to HK$22,500.
Income growth was stronger in 3Q13 than in 2Q13, with private household income growth at 0% and overall household income growth at 6.3% y/y.