The Living Standards of the Population of the RF in January-April 2014
Russian Economic Developments. Moscow, 2014, pp. 38-40
3 Pages Posted: 25 Jun 2014
Date Written: June 24, 2014
Abstract
In the period January-April 2014, the RF population’s real disposable income amounted to 98.8% vis-à-vis the same period of 2013. Due to the implementation of measures designed to raise the salary level in the budget funded sphere in accordance with the President of the Russian Federation’s Executive Order of 7 May 2012, No 597 'On Measures Aimed at the Implementation of Government Social Policy', the highest growth rate continued to be displayed by salaries in the spheres of education, healthcare and social services. In Q1 2014 Russia’s income inequality index dropped slightly on Q1 2013.
Keywords: Russian economy, living standards
JEL Classification: I31
Suggested Citation: Suggested Citation