Rosstat recorded growth of real incomes of Russians

Rosstat recorded growth of real incomes of Russians

Rosstat reported for the current growth of incomes of Russians: in October, they increased by 4.3%, but compared with the same period last year grew by only 1.4%.

Upstairs

These data are presented in the next report “Information on the socio-economic situation of Russia”.

Significantly more has risen at the October monetary incomes of the population by 5.1% to 33,297 thousand rubles. In annual terms, this represents a growth of 5.4%. A month earlier, in September, the real growth of average salary according to Rosstat amounted to 4.4%, and the nominal (annualized) and 8.1%.

We will remind that under forecasts of Ministry of economic development in Russia the expected growth slowdown in the third quarter of 2018, and this forecast was justified. The GDP growth was only 1.3% yoy after 1.9 percent in the second quarter of this year.

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