CNA938 Rewind - Household Income Rises, Inequality Hits Record Low: What the Latest Data Really Means

New Finance Ministry-linked figures show typical households earning more in real terms, with inequality at its lowest level on record—driven by the fastest gains in the lowest-income group (about 4.8% a year over a decade). So why do many still feel stretched? Andrea Heng and Genevieve Woo dig into what’s beneath the numbers—cost pressures, lived experience vs averages, and who’s still not feeling the uplift. For that, they speak with Christopher Gee, Deputy Director of Research, Institute of Policy Studies, NUS.