Wednesday, January 28, 2015

Real incomes of Russians in annual terms decreased for the first time in 15 years – Bulletin

Real incomes of Russians in annual terms decreased for the first time in 15 years – Bulletin

The real disposable income of Russians fell in December 2014 by 7.3% compared with the corresponding period in 2013, according to Rosstat preliminary data. As a result, in the fall of 2014 this figure was 1%.

The reduction of real income for the year was the first time since 1999, according to the Federal State Statistics Service.

The average monthly salary in 2014 ., according to the Federal State Statistics Service, was 32 600 rubles. and compared to 2013 increased by 9.2% in nominal terms. In December 2014, this figure increased compared to the same period in 2013 by 6.1% to 41,985 rubles.

The real gross wage in December 2014 increased by 4.7% compared with the same period of 2013. As a result of last year, real wage growth was 1,3%.

If the price of oil will be $ 40 per barrel, the real incomes for the year will decrease by 3-5% and for two or three years ?? to 10%, said in an interview with radio station Business FM Chairman of the Committee of Civil Initiatives, a former Russian Finance Minister Alexei Kudrin. Some groups of the population falling real incomes will be felt painfully, he said.

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