Russians' real incomes up 8.7% in Jan-May

ChrisD(RJ) chrisd at russiajournal.com
Sun Jun 23 22:32:19 PDT 2002


Russians' real incomes up 8.7% in Jan-May

MOSCOW. June 21 (Interfax) - Real disposable personal incomes in Russia rose 8.7% year-on-year in the first five months of 2002, the State Statistics Committee reported on Friday.

Nominal per capita monetary incomes, not adjusted for inflation, rose 29.0% year-on-year in the five months.

In May alone, real disposable incomes (adjusted for inflation and less taxes and other mandatory payments) rose 4.7% year-on-year but fell 15.1% from the previous month. The average nominal per capita monetary income amounted to 3,203.40 rubles in May, up 23.7% year-on- year but down 14.1% from April.

Real wages in the five months were up 18.5%, while nominal wages (not adjusted for inflation) rose 38.7%.

The average nominal monthly wage due in May was 4,234 rubles, up 38.6% year-on-year and 0.3% from the previous month. In real terms (adjusted for inflation), the average wage was up 19.5% year-on-year and 1.3% from the previous month.



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