Russians Aren’t Blowing Bigger Wages in Boon to Central Bank

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(Bloomberg – bloomberg.com – Olga Tanas – June 21, 2017) There’s less than meets the eye to Russia’s consumer recovery. While real wages grew at the same pace of 3.7 percent in April and May, the most in over three years, retail sales only crawled just above zero after a record 27 months of contraction. The Bank of Russia expects […]

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Most Russians Not Saving Money, Poll Shows

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(Moscow Times – themoscowtimes.com – September 24, 2015) Almost a quarter of Russians know someone who lost their job in recent months, but 80 percent of people are not saving any money, a survey published by the state-run VTsIOM pollster on Wednesday showed. Twenty-seven percent of Russians know at least two people who lost their jobs in the last two […]

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Poll Reveals Savings and Wealth Trends

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(Moscow Times – themoscowtimes.com –  November 20, 2012) The material well-being of Russians has improved over the past 10 years, and there are fewer people who barely make ends meet, according to a recent study by the Levada Center pollster. The survey polled 1,600 people in October and showed that since 2002 the number of Russians easily capable of purchasing […]

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