Econ ministry: Russians’ real disposable income may fall 2.8% 2016

MOSCOW, Apr 29 (PRIME) – Russians’ real disposable income may fall by 2.8% in 2016, faster than contraction of real wages, as seen by PRIME Friday in the Economic Development Ministry’s social forecast.

But the figure will grow in 2017–2019 by an average annual figure of about 1% due to positive dynamics of real wages and incomes from business activities as economy rebounds. This is why real disposable income of Russian citizens may in 2019 return to the level of 2015, the ministry said.

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