Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

The Savings Rate of the Population in Russia has Dropped Significantly
12.11.2018 08:49
The Savings Rate of the Population in Russia has Dropped Significantly
(Source: http://nedviginform.ru/ipoteka/zhilishhnyj-kredit.html)

The savings rate of the population (the ratio of personal savings to income) has dropped significantly below the levels of 2013-2014 in August-September. This is due to the fact that households paid for purchases with loans and savings.

      As the Central Bank notes, in the context of lending expansion the population gradually began to shift from a savings behavior model to an increase in consumption. “At the same time, the dynamics of real disposable incomes of the population continues to hold back the expansion of consumer demand”, as the commentary says. It is noted that in September real wages increased by 7.2 percent in annual terms. At the same time, real disposable income fell by 1.5 percent during this month.

      In general, the growth rate of expenditures on final consumption of households is estimated at 2-2.5 percent in the third quarter of the year.

      Find more about the volumes of consumer loans in Russia.


Sources: http://lenta.ru 


Author: Anna Dorozhkina

Tags: society     

Next Previous


You might also find interesting:

The Inflation Rate Remains One of the Key Socio-economic Factors for Russians
21.02.2018
Vyacheslav Zaitsevs The Origins-2 Show
14.03.2018
MBFW Russia: Beautiful Boys Version 2.0 by Nikolay Legenda
12.10.2018
Russian Brand "Husky" will be Presented in Paris
07.06.2018
Unemployment Benefit in Russia would Sharply Grow in 2019
26.10.2018







Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

-8

search on the map
TAGS:
Russian education  HIV  Awards  Russian Literature  Russian history  bus tickets Russia FIFA  scientists  Republic of Tatarstan  Yakutia  Folk Songs  St. Petersburg  Russian business  RELEK  Manors of Moscow  Exhibitions in Moscow  Gorky Park  Solovki  Russian politicians  Archeology  economic crisis  Moscow  Oil Spill  Russian cuisine  Rostov-on-Don  Alexander Pushkin State Museum  Peter Greenaway  Painting  Kirill Serebrennikov  Corvee  Inquisition  Eric Clapton  Sergey Yesenin  Chelyabinsk meteorite  Rurik Dynasty  Modern Art  Russian mobile operators  Tragedy  Russian tourism  Mercedes-Benz Fashion Week Russia  Enter  Rostov Region  Kronotsky Reserve   Krasnoyarsk  Yamal  Russian designers  Astrakhan  Aleksey Mikhailovich Tishayshy  Russian Cinema  Russian oil and gas industry   Pskov airport 


Travel Blogs
Top Traveling Sites