Russia: Poverty figures go up 10% this year
14 December 2015 (17:43)
UrBC, Moscow, December 14, 2015. The number of Russia’s poor came to 20.3m people in January-October 2015, which was 2.3m more than a year earlier, Rosstat reports.
Poverty rate was thus estimated at 12.4% (17.9m people) in the third quarter of 2015 (against 11.5%, or 16.6m in Q3’14), at 14% (20.1m people) in the second quarter (against 12.1%, or 17.4m in Q2’14), and at 15.9% (22.9m) in the first quarter (against 13.8%, or 19.8m in Q1’14).
Poverty rate fluctuations are strikingly seasonal – the figures reach their peak in the first three months of the year and drop to their minimum in the last three months of the year because of the end-of-year bonuses.
Poverty rate was thus estimated at 12.4% (17.9m people) in the third quarter of 2015 (against 11.5%, or 16.6m in Q3’14), at 14% (20.1m people) in the second quarter (against 12.1%, or 17.4m in Q2’14), and at 15.9% (22.9m) in the first quarter (against 13.8%, or 19.8m in Q1’14).
Poverty rate fluctuations are strikingly seasonal – the figures reach their peak in the first three months of the year and drop to their minimum in the last three months of the year because of the end-of-year bonuses.
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