Home>Без рубрики>Rosstat announced an increase in the income of Russians in 2019

Rosstat announced an increase in the income of Russians in 2019

Rosstat announced an increase in the income of Russians in 2019

According to a Rosstat study, real incomes of Russian citizens grew by 0.8% in 2019, according to Forbes. The agency notes that for the first quarter, revenues decreased by 1.8%, in the second one they surged by 1%, in the third – by 3.1%, and in the fourth – by 1.1%.

The nominal wages of citizens for the period from January to November last year increased by 7.2% and amounted to 46,131 rubles. Actual earnings of Russians boosted by 2.5%. The agency didn’t reveal information on this indicator for the whole year. Rosstat provided GDP results for the period from January to September 2019, the indicator grew by 1%. Last year inflation was 3%.

The real wages of Russians were decreasing from 2014 to 2017. In 2014, it fell by 0.7%, in 2015 – by 3.2%, in 2016 – by 5.8%, in 2017 – by 1.2%. Rosstat recorded negative indicators in 2018, the decline was 0.2%. After recounting the data according to the new methodology, the agency said for the results of 2018, the real incomes of Russians gained 0.1%. With the transition to a new methodology, Rosstat also changed the date of publication of studies. Instead of monthly reports, the department now provides documentation once a quarter.

A 0.8% increase in real income exceeded forecasts of the Ministry of Economic Development. Representatives of the ministry expected a growth of 0.1%. In 2020, revenue increase is planned at 1.5%, taking into account economic growth and investment activity, said Maxim Oreshkin.

The same forecasts were announced by Anton Siluanov, Minister of Finance. He said that incomes began to get bigger due to low inflation and enhanced social benefits and salaries.

08.05.2021, 21:30
Iran Warns Crypto Investors Amid Ban on Bitcoin Mined Outside Its Borders
24.08.2021, 14:45
Swiss Crypto Train in Motion: Crypto Payments to 85K Merchants, New Tokenised Products
04.08.2021, 03:30
Survey Shows 40% of US Crypto Owners Forget Their Password, 20% Write Passwords on Paper
29.07.2021, 20:00
Robinhood Raises Almost $2 Billion in IPO, Falls Short of Expected $35 Billion Valuation
19.10.2021, 19:30
Iran to Pilot ‘National Cryptocurrency,’ Amend Central Bank Law
06.08.2021, 20:30
Ethereum’s Vitalik Buterin Says EIP 1559 ‘Most Important Part of London,’ Network Is Burning $16K in ETH per Minute
07.08.2021, 07:00
Genesis Report Highlights ‘Emerging Role’ of Ethereum and Defi in Q2 2021
08.09.2021, 12:40
Institutional investors dominated the DeFi scene in Q2: Chainalysis report