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Income and Wages in Russia

Russians' real disposable incomes up 11.1% on year in Jan-Jun

MOSCOW, July 21 (Prime-Tass) -- The real disposable incomes of Russian citizens rose 11.1% on the year in January-June, the Federal State Statistics Service said Friday.

Real disposable income excludes taxes and other mandatory payments and its performance is adjusted for inflation as measured by the consumer price index (CPI).

Russians’ average income per capita rose 25.6% on the year to 10,975 rubles in June, the service said.

Total wage arrears in Russia fell 5.5% in the month to 5.435 billion rubles as of July 1, the service said.

The labor force in Russia amounted to about 74.4 million people as of the end of June, or about 51% of the total population, the statistics office said.

The number of unemployed people in Russia amounted to 5.6 million people as of July 1, or 7.5% of the country’s labor force, as calculated under International Labor Organization (ILO) standards.

The statistics service also reported that Russia’s population fell 0.21% year-to-date to 142.4 million people as of June 1.

(26.9674 rubles - U.S. $1)





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