Template-Type: ReDIF-Article 1.0
Author-Name:A. Burdyak
Author-Name-First:A.        
Author-Name-Last: Burdyak
Author-Workplace-Name:  Gaidar Institute for Economic Policy
Author-Name:E. Grishina
Author-Name-First:E.  
Author-Name-Last: Grishina
Author-Workplace-Name:  Gaidar Institute for Economic Policy
Title: POPULATION’S INCOME AND CONSUMER CREDITING IS IN THE RED
Abstract: Real disposable income of population, real wages and salaries and pensions have been falling during the year. The territory of real income reduction (73 regions) has noticeably expanded in comparison with 2009 and 2014 (48 and 26 regions, respecti vely). Nearly half of population highlights deterioration of economic situation in the country. One third of surveyed in the framework
of the socio-economic monitoring expect the situation to retain for at least one or two years. Consumer crediting is unlikely to sustain demand at the same level: in 2015, retail loan origination fell sharply.
Classification-JEL:  
Keywords: CONSUMER CREDITING, Russian Economy
Journal: Russian Economic Developments
Year: 2016
Issue: 1
Month: January
Pages: 52-55
File-URL: http://www.iep.ru/files/RePEc/gai/recdev/661Grishina.pdf
File-Format: Application/pdf
Handle: RePEc:gai:recdev:661