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Incomes Of Russians Go Down
29.05.2017 23:42
Incomes Of Russians Go Down

The decline in real disposable money incomes of Russian citizens made up 7.6 percent in April, as compared to the same period of last year, as RIA Novosti reported.

      The revenues have fallen by 2.2 percent since the beginning of the year. In March of this year the decline in the incomes of Russians amounted to 2.5 percent.

      Real disposable cash income is the cash receipts of citizens minus mandatory payments and adjusted for inflation. This indicator showed a positive trend in January 2017 for the first time in two years. According to updated data of the Federal State Statistics Service, the growth made up 8 percent in annual terms. However, already in February real disposable money incomes of the population decreased by 3.8 percent.


Author: Anna Dorozhkina


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