Best increase in real household income in Italy - OECD

(ANSA) - ROME, AUG 12 - Italy saw the best increase in real household income in the Organisation for Economic Cooperation and Development (OECD) in the first quarter of this year, the Paris based group of 37 countries said Monday.
    Real household income per capita in OECD countries increased by 0.9 per cent in the first quarter of 2024, up from +0.3 per cent in the previous quarter, it said.
    "All G7 economies recorded an increase.
    "Italy saw the strongest increase (3.4 per cent), driven by a rise in compensation of employees and social transfers in kind, reversing the decline recorded in the previous quarter." In the last quarter of 2023, against growth in OECD countries of 0.5 per cent, the Italian figure was down 0.4 per cent. (ANSA).