PETALING JAYA: The average lo­­wer-income household has only a shocking RM76 a month to spare, after household expenses are de­ducted. Describing the situation as “worrying”, a Khazanah Research Insti­tute (KRI) study showed the real residual household income for households earning less than RM2,000 is a meagre RM76 a month in 2016. Yet the actual quantity of food consumed for meals at home and meals outside has declined by 1.1% and 0.6%. Taxes and compulsory social security schemes were also not deducted from the residual household income. This may mean higher income households most likely would have paid more of their residual household income for taxes too.

Source: thestar October 15, 2018 23:03 UTC