Families aged between 35 and 44 most affected by drop in income

in News · 07-05-2020 10:07:00 · 0 Comments

A study by the Bank of Portugal concludes that families with members aged between 35 and 44 are most affected by the drop in income and low-income families are the most benefited by credit moratoriums.

Banco de Portugal yesterday released its Economic Bulletin, which includes a study on the effects of the Covid-19 pandemic crisis on household income.

According to the study, on average (…) the disposable income of families has seen a reduction of about 5%, due to an 8.2% reduction in work income.


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