Russians’ Factual Income Drops 5.9%

27 January 2017 (13:14)

UrBC, Moscow, January 27, 2016. Russians’ factual disposable incomes (the consumer price index-adjusted amount of money left once all the bills and checks have been paid) decreased by 5.9% in 2016 against a year earlier.

RIA Novosti refers to Rosstat as stating that the figure went down by 6.1% in December 2016 compared with December 2015 but rose by 50.5% compared with November 2016.

In 2015, the income decrease amounted to 3.2% compared with the year 2014 (the data do not take into account the population of either the Crimea or Sevastopol); the figures went up in December 2015 against December 2014 and by 50.6% against November 2015.

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