N. Korean incomes improving but far below South: Seoul

N. Korean incomes improving but far below South: SeoulNorth Koreans enjoyed the fastest improvement in their incomes for five years in 2016, Seoul’s statistics agency has said — but Southerners are still more than 20 times better off. Per capita incomes averaged 1.46 million won ($ 1,340) in the North last year, Statistics Korea said in statement, up five per cent. It was the fastest expansion since 2011, when incomes rose by more than seven percent, a graph issued by Statistics Korea on Friday showed, and came despite the imposition of multiple sets of international sanctions over Pyongyang’s nuclear weapons programme.



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