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

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

Business & Economy October 05, 2023, 18:52

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.