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Living Standards In Russia In August 20151

Author

Listed:
  • E. Grishina

    (Gaidar Institute for Economic Policy)

  • M. Kirillova

    (Gaidar Institute for Economic Policy)

Abstract

The real personal disposable money income kept declining and the percentage of individuals with money income below the minimum subsistence level was increasing. Note that with a total decline (down 9% in January–August) in real income and real wages, this process is differentiated by industry and type of activity. Construction, fi nancing activities, public administration and military security, publishing and printing, hotels and restaurants saw most of the decline in real wages, whereas agriculture, mining and quarrying, manufacturing, trade, community and social services experienced the lowest decline in real wages.

Suggested Citation

  • E. Grishina & M. Kirillova, 2015. "Living Standards In Russia In August 20151," Russian Economic Development, Gaidar Institute for Economic Policy, issue 10, pages 45-47, October.
    • Handle: RePEc:gai:recdev:600
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    Keywords

    LIVING STANDARDS; Russian Economy;

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