In Russia has accelerated the decline in real incomes


Real disposable income of Russians (the funds which remain after payment of obligatory payments and can be spent on their own needs and pending for the future) fell in January 2016 in comparison with 2015 by 6.3%, follows from the materials of Rosstat.

Thus, the fall in real income of Russians has accelerated sharply again in December last year, they decreased by only 0.8%. While for the whole year of 2015 the real incomes of Russians fell faster than this January only twice in November (-6,5%) and may (-7,3%).

The reduction of real incomes continues, despite the fact that to compare their current level have already fallen figures. According to Rosstat, the decline of incomes of Russians have been going on for years in a row, the last time their growth in annual terms was recorded in October 2014.

Previously press Secretary of the President of Russia Dmitry Peskov disagreed with those who say sharp reduction of incomes of Russians.

“Your wording [of the sharp decrease in income] — hardly it is possible to agree with the point of view is too strong, [falling revenues],” said Sands, answering the question about the actions of the authorities to prevent a sharp drop in Russians ‘ incomes.

Same in nominal terms, the income of the average Russian has grown a bit. In January 2016, they amounted to 21 365 thousand rubles, which is 3% higher than a year earlier. Recall, however, that only in the last 12 months, consumer prices in Russia grew by almost 10%.

The average monthly salary in January 2016 was 32 122 thousand rubles, which is 3.1% more than in the first months of 2015. But the real wages, i.e. purchasing power derived from employer money declined during the month by 6.1%. Compared to last year, the decline in real wages has slowed down, probably due to the low base effect. For comparison, in January last year, the real wages of the average Russian worker fell by 8.4%, and for 2015 in General — 9.3%.

Previously the Deputy head of the Ministry of labor Lyubov Eltsova predicted that the 2014 actual salaries will return only in 2018.

Further compounding the situation is rising unemployment. According to Rosstat, in January 2016, the number of unemployed in Russia amounted to 4,428 million, or 5.8% of the economically active population. Compared with January of 2015 the total number of unemployed in Russia grew by 6.2%, compared with December 2015 — 0.1%.