World Russians talked about falling incomes: Money: Economy:

Russians talked about falling incomes: Money: Economy:


The Russians talked about the level of income decline due to the coronavirus pandemic. A third of citizens admitted that they were forced to abandon spending on small pleasures due to the crisis. This was reported by RBC owned by Grigory Berezkin, citing a study by Rosgosstrakh Life.

According to the survey, the share of Russians with average monthly income below 15 thousand rubles increased from 38.1 to 44.6 percent. Analysts compared the data from the beginning of the year, when the epidemic had not yet begun and with June, when quarantine restrictions began to be lifted.

Every fifth respondent admitted a significant drop in income during the pandemic. and every tenth reported a complete loss of earnings. At the same time, the share of respondents with an income of more than 100 thousand rubles increased from 1.8 to 2.1 percent. The survey was conducted among 1,500 Russians over 18 years of age.

Earlier in July in the country counted poverty level. According to Rosstat, the average ratio of median income to the cost of a fixed set of goods and services (poverty level) in Russia was 1.65. In general, the poverty level in Russia at the end of 2019 amounted to 12.3 percent – about 18 million citizens receive incomes below the subsistence level.

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