In the end the OECD proved Meloni wrong on the record growth in family income

In the end the OECD proved Meloni wrong on the record growth in family income
In the end the OECD proved Meloni wrong on the record growth in family income
Between February and March, Prime Minister Giorgia Meloni repeated one for weeks misleading statement: that according to which, thanks to his government, family income in Italy is increasing seven times more than the growth recorded on average in other countries.

For example, Meloni made this statement on February 12 in ainterview with TG5on February 21st at an election rally in Sardiniaon February 23rd guest at Door to door on Rai 1, on March 5th at a rally in Abruzzoon March 7th guest at Forehand and backhand on Rete 4, on March 19th, guest of Agora on Rai 3 and on the same day in a speech in the Senate.

On these occasions the Prime Minister has always indicated the Organization for Economic Co-operation and Development (OECD) as the source, however omitting some important information, such as we explained in various fact-checks. Recently, the OECD itself published new numbers that contradict the Prime Minister’s enthusiasm. But let’s proceed in order, first explaining where Meloni’s statement comes from and why it is misleading.

On 8 February the OECD published data on the real disposable income of families (in English real household income per capita) updated to the third quarter of 2023. This indicator takes into account the trend of inflation and refers to the total income of individual families, net of taxes and social contributions. According to that OECD publication, between July and September 2023, household income in Italy grew by 1.4 percent compared to the previous quarter, while on average among OECD countries it fell by 0.2 percent ( Graph 1).

 
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