What is the percentage increase in M40 average household income?

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The average household income for the M40 group increased by nearly 60 per cent between 2009 and 2014.

The Malaysian government has reported a significant rise in the average income per household for the M40 middle-income group. This increase reflects ongoing efforts to boost national income and transition Malaysia into a high-income nation.
M40 Income Growth Detailed

According to data from the Economic Planning Unit (EPU), the average income per household within the M40 group saw a growth of nearly 60 per cent. This substantial increase was observed over a five-year period, from 2009 to 2014.
Government's Commitment to Income Improvement

The government consistently seeks avenues to elevate the financial standing of its citizens, with a particular focus on lower and middle-income segments. This focus is integral to the broader national objective of achieving high-income status.
Defining the M40 Group

For statistical purposes, the M40 group is defined as households earning a monthly income ranging from RM3,860 to RM8,319. This categorization helps in tracking income distribution and the effectiveness of economic policies targeted at this demographic.
Broader Economic Context

The rise in M40 income is presented alongside improvements in other income brackets, including the B40 low-income group, which experienced a 76 per cent increase in average household income during the same 2009-2014 timeframe. Concurrently, the national poverty rate has also shown a continuous decline.

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What is the percentage increase in M40 average household income?

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