Analysts announced the increase in real incomes of Russians in 11 regions against the backdrop of the economic crisis

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The increase in real incomes of Russians in 11 regions in 2022, when there was a general economic recession due to international sanctions, can partly be explained by the high base in 2021, where this indicator increased at the highest rate and reached 3.8%. Another reason may be the increased turnover of retail trade in a number of constituent entities of the Russian Federation, informs RBC with reference to market participants.

According to Rosstat, in 2022 the real income of the population is highest in Kabardino-Balkaria (+5.6%), Khanty-Mansiysk and Chukotka Autonomous Okrugs (+3.1% each), Yakutia (+2.3%), It increased (+2.1) in Tatarstan. %), Tyumen Region (+2%), Yamalo-Nenets Autonomous Okrug (+1.4%), Novgorod Region (+1), Krasnoyarsk Territory (+0.8%), and Volgograd and Rostov regions (each + 0.7%).

“According to the 2022 results, while the real income of the population increased in only 12 regions, growth was recorded in 70 regions a year ago. This is partly due to the high floor in 2021: Russian real income growth at that time was the largest in recent times, reaching 3.8%.

According to him, the dynamics can also be affected by the important role of mining and raw materials companies in regions where there is an increase in the real income of the population. High profits of export-oriented firms may result in additional bonuses and higher wages for employees of such enterprises.

At the same time, Rosstat pointed to another possible reason for the increase in real incomes of the population of 11 regions despite the economic crisis in the country. At the end of 2022, some of such establishments recorded an increase in retail trade turnover. For example, in Kabardino-Balkaria it reached 17%, the highest increase in this indicator among all regions.

February 8 analysts of the Federal State Statistics Service (Rosstat) sent According to data, real disposable money income of Russians in 2022 decreased by 1% compared to 2021. At the same time, real money incomes decreased by 1.4% last year.

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