Rosstat reports that the purchasing power of income has returned to the time of the pandemic

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According to the results of the second quarter of 2023, the ratio of the income of the population to the minimum subsistence amount was 332.5%, which shows the purchasing power of the population. This has been reported RBC With reference to Rosstat data.

“The figure turned out to be higher than the pre-sanction second quarter of 2021, at 331.6 percent. In the second quarter of last year, the purchasing power of Russians fell to 317 percent of the subsistence level, the report said.

Alexander Safonov, Professor at the government-affiliated Finance University, explained that the increase in purchasing power was due to rising wages and falling unemployment.

On August 22, Russian President Vladimir Putin made a speech at the meeting of the Council of Strategic Development and National Projects. entry By 2022, we will be among the world’s five largest economies.

Before the World Bank updated An estimate of the gross domestic product of the world’s countries at the end of last year. According to him, Russia ranked fifth among the world’s major economies in terms of GDP, calculated according to purchasing power parity.

On September 7, the Central Bank reported that the demand for labor in Russia increased sharply from January to June 2023, with almost 80% of companies complaining about the problem of staffing. Regulator named This is the main reason for the increase in wages. More than half of companies are trying to retain or attract new employees through higher revenue.

Formerly Putin declaration“the frog is on our side”.

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