Statistics: Russians’ real disposable income falls 1.7% in Oct–Dec

MOSCOW, Jan 28 (PRIME) -- Russia’s real disposable income fell by 1.7% on the year in October–December 2020 after sliding 5.3% in July–September, the Federal State Statistics Service said on Thursday.

In 2020, the income decreased by 3.5% on the year, showing the deepest fall since 2016.

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

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