Statistics: Russian real disposable income rises 1.4% in October

MOSCOW, Nov 20 (PRIME) -- Russia’s real disposable income increased 1.4% on the year in October and grew 1.6% on the year in January–October, the Federal State Statistics Service said in a statement on Tuesday.

The figure for September was adjusted to a 2.5% decrease from 1.5%.

The real disposable income excludes taxes and other mandatory payments and its performance is adjusted for inflation.

The nominal average monthly wage rose 8.1% on the year to 42,000 rubles in October and 10.4% on the year in January–October.

(66.0081 rubles – U.S. $1)

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