Template-Type: ReDIF-Article 1.0
Author-Name:Grishina Elena
Author-Name-First: Elena 
Author-Name-Last:Grishina 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Author-Name:Burdyak Alexandra
Author-Name-First: Alexandra 
Author-Name-Last:Burdyak 
Author-Workplace-Name: Gaidar Institute for Economic Policy 
Title: INCOME AND POVERTY IN 2016
Abstract: IIn September 2016, real disposable income and real wage were 97.2% and 102.8%, respectively, compared to the same period last year. The real size of pension benefits in August 2016 reached 96.2% compared to the same period last year. In two years, real disposable income decreased by 8.7% while retail sales of food and non-food products fell even more – by 13.9%. Poverty rate in Q2 2016 was 13.5%, which is slightly below the level of the Q2 2015 – 14.0%. Growth in consumer prices in January–September 2016 (4.1%) was the lowest for the entire period since 1991. 
Classification-JEL: I31 
Keywords:  INFLATION AND MONETARY POLICY,  Russian Economy
Year: 2016
Issue:11
Month: November
Pages: 37-39
File-URL: https://iep.ru/files/RePEc/gai/recdev/recdev-2016-11-776.pdf
File-Format: application/pdf
File-Function: Revised version, 2016
Handle: RePEc:gai:recdev:recdev-2016-11-776