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Monday, October 24, 2016

The number of poor Russians has grown by 8 million in 2016

Rosstat presented the statistics of incomes of Russians for the first quarter of 2016. It turned out that in comparison with the last quarter of 2015 the number of poor Russians grew by 8.3 million people.

photo: Gennady Cherkasov

Recall that in the method of Rosstat the poor are people with incomes below the subsistence minimum.

The latter, also according to Rosstat, in the first quarter averaged 9776 rubles (from 8025 rubles for pensioners to 10524 rubles for working people). Growth last year was equal to 3.4%.

In the first quarter of 2015, the average subsistence minimum was $ 9662 ruble.

Thus from Rosstat statistics also indicate that in comparison with the first quarter of 2015, the poor Russians in Russia became less. Throughout 2015 there was a steady decline in their numbers: from 22.9 to 14.4 million people. Thus, the annual difference is now 200 thousand poor people.

We add that the increase of the subsistence minimum in Russia is outpacing the growth of the minimum wage: the latest at the beginning of 2016 was only 6204 of the ruble.

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