Inequality in the Income of the Population Went Down

Real disposable money income of the population in April 2015 went up against the previous moth by 13%. However, compared with April 2014, they fell by 4%.

Real wage paid in April 2015, remain unchanged in comparison with March indicator, falling against April 2014 by 13.2%, when in April 2014 the real wage paid increased compared with the corresponding period the previous year by 3.2%.

Over January–April 2015, the real wage paid shrank compared with the same period last year by 10.2% (in 2014 the real wage paid went up within January-April by 4.1% compared with the corresponding period 2013).

Nominal money income of the population in April 2015 averages Rb30,569 up 8.6% compared with April 2014, and up11.9% compared with March 2015. Within January–April 2015, the nominal money income of the population up 10.3% from the corresponding period last year.

Monthly wage paid for employee averaged Rb32,805 in April 2015 up 1% in comparison with April 2014 and up 0.5% compared with March 2015.

According to preliminary data, in Q1 2015 compared with the corresponding period the previous year income inequality of the population somewhat fell:
•   Jini coefficient was 0.397, when for the same period the previous year it constituted 0.401;
•   P/R ratio was 13.9 (in Q1 2014 – 14.4).

In Q1 2015 compared with Q1 2014, 10% share of the poorest population in the overall volume of money income did not change and remained at 2.1% and 10% share of the richest population fell in the overall volume of money income of the population to 29.2% (in Q1 2014 it constituted 29.5%).

Svetlana Misikhina – Director, Center for Social Policy, Institute of Applied Economic Studies, RANEPA