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Real income of population in Russia grows by more than 12% — Putin

According to the head of state, the Central Bank and the country's government are taking concerted measures to neutralize possible negative consequences

SOCHI, October 5. /TASS/. Real disposable income in Russia grew by more than 12%, while in Europe it fell, President Vladimir Putin said this at a plenary meeting of the Valdai international discussion club.

"Our population’s real disposable income is growing; in Europe it is falling, while here they have grown by more than 12%," the head of state said.

Putin noted that inflation in Russia has "grown up" reaching 5.7%. According to him, the Central Bank and the country's government are taking concerted measures to neutralize possible negative consequences.

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