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The living standard in Russia in 2012

Author

Listed:
  • Svetlana Misikhina

    (Gaidar Institute for Economic Policy)

Abstract

In 2012, households’ real disposable income rose by 4.2% which situation points to the fact that the trend of zero growth in households’ income in 2011 was overcome. In January 2013, a decrease in households’ income was justified by a seasonal factor, so, one may expect stable growth in house¬holds’ real disposable cash income in this year in general. In 2012, growth in households’ real income was justified by growth both in wages and salaries and pensions. Growth in households’ income found expression in an insignificant increase in the income inequality index and decrease in poverty indices.

Suggested Citation

  • Svetlana Misikhina, 2013. "The living standard in Russia in 2012," Russian Economic Development, Gaidar Institute for Economic Policy, issue 3, pages 38-40, March.
    • Handle: RePEc:gai:recdev:95
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    More about this item

    Keywords

    living standard;

    JEL classification:

    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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