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Friday, July 21, 2017

Sociologist: Russians ‘ hopes for improvement of financial position fall


Following the decline in real incomes, a fall which in August hit a record high since 2008, and reduced expectations of the Russians concerning their increase in the future. This was stated by the Head of Department of studying of incomes and consumption of Levada-the Centre” Marina Krasilnikova.

People don’t just try to save what they can – they have started to reduce their expectations and the imaginary level of welfare,” she said in an interview with NSN. According to her, more than half of respondents say the deterioration of the material situation of the family in which they evaluate and possible income in the future.

source

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