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Risks of Decrease in the Incomes and Living Standards of Russians Persist
May 2, 2017 13:22


 The basic problems of the national economy have not been resolved, so the risks of decrease in the incomes and living standards of Russians persist. This was told by the Director of the Centre of Market Conditions Research of the Institute for Statistical Research and Knowledge Economy of NRI HSE Georgii Ostapkovich, according to Rambler News Service.

According to him, about 20 million citizens now have virtually no opportunity to meet their economic needs. “If we do not stop the decline of real cash incomes of Russians in the nearest time, this can lead to a noticeable drop in the life quality of the least wealthy part of society” – Ostapkovich notes.

According to the poll conducted by the HSE experts, the improvement of personal material situation in the past year was reported by 9 percent of respondents, the deterioration was reported by 36 percent. 11 percent of respondents expect improvement of the situation in the next year, 20 percent predict deterioration.

The changes in the Russian economy over the year were positively assessed by 13 percent, a negative assessment was given by 40 percent of respondents.


Author: Anna Dorozhkina


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