Russia has recorded a record increase in real disposable income of citizens

August 2 2024 28

It became known that in the second quarter of 2024, real disposable cash income (RDCI) of Russians increased by 9,6% in annual terms, i.e. year on year. This is stated in the Rosstat report published on July 31.

It should be noted that this was the maximum indicator not only since 2014, from which the department has been keeping records of expenses and income of the population using its new methods, but even since 2008, if we take into account the old methodology.

In the first half of 2024, Russians' ERR increased by 8,1% compared to the same period of the previous year. According to experts, the main driver was the rapid increase in wages of existing workers against the backdrop of a shortage of personnel in the Russian labor market. The EBRD shows how much people can spend on personal consumption and put towards savings. But too sharp a rise in wages also carries risks; it can spur an increase in inflation and higher prices.

The nominal value of the average monthly salary was almost 86,4 thousand rubles. in May. At the same time, the real size of assigned pensions in the first half of the year decreased slightly – by 0,3%. But a new record low unemployment rate was recorded in Russia in June of this year – 2,4%. Overall this can be called a success economic policy against the backdrop of significant economic activity in labor-intensive industries and activities in the country.

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strange guest

+1

2 August 2024 20: 00

That is why the Central Bank will continue to raise rates. There is more money, but there are not enough goods. Hence inflation.
1. Nikolay Volkov
  
  +7
  
  2 August 2024 21: 10
  
  But at such an interest rate it is impossible to increase the production of goods... A vicious circle to finish off the remaining production in Russia...
  1. Just a cat
    
    -12
    
    2 August 2024 22: 36
    
    and don’t hire a Ukrainian. then production will not be finished off but developed
  2. Scooby
    
    +2
    
    3 August 2024 02: 42
    
    Even a 2% rate will not increase the production of those categories of goods with which we currently have real problems. Well, in general, the problem is clear, few people live well with a double-digit rate, here the situation is “saved” only by high inflation - the real rate is no longer so astronomical (especially when compared with the observed inflation, it turns out to be something like that).
    1. strange guest
      
      0
      
      3 August 2024 06: 33
      
      Yes, I agree. In economics, it is believed that the rate should be 1,5-2 points ahead of inflation. In general, this is the case everywhere. This means that real inflation is 16-17 percent. And the consumer one, as a rule, is even larger than the overall economy. There is nothing terrible, neither for workers nor for the economy, but there is a category - pence, which in this situation will soon receive a white fur-bearing animal. As I understand it, in the Russian Federation indexation does not keep pace with real inflation..
2. Kentttt
  
  +1
  
  3 August 2024 02: 23
  
  Quote: Strange guest
  That is why the Central Bank will continue to raise rates. There is more money, but there are not enough goods. Hence inflation.
  
  Classic situation.
3. Scooby
  
  +1
  
  3 August 2024 02: 27
  
  The funny thing is that, as with cheap loans, with a high rate of money there is also more money - in a year, 50 trillion rubles of deposits turned into 60 trillion rubles, what will happen when this mass pours into the market (sooner or later we will have to reduce the rate and the outflow will begin from deposits), I think everyone already understands. A high rate is effective in the short term, when it is necessary to sharply cool the economy.
SONY

+8

2 August 2024 20: 39

Everything you need to know about our news...
It turns out we got rich...
1. SONY
  
  +1
  
  2 August 2024 20: 40
  
  Can I offtopic?
  So that the disadvantages are not in vain..
  
  It is reported that the bodies of dead servicemen were exchanged between Russia and Ukraine.
  
  As Mash writes, the exchange took place near the Kolotilovka checkpoint in the Krasnoyaruzhsky district of the Belgorod region. 250 bodies were transferred to Ukraine, and the bodies of 38 dead were returned to Russia.
  1. Just a cat
    
    -4
    
    2 August 2024 22: 38
    
    so more crests will die Why let them lie around and stink?
    1. Sarcastic realist
      
      +4
      
      3 August 2024 06: 04
      
      so more crests will die
      
      Yeah, especially given their superiority in drones and communications with drones, as well as in digital secure radio communications and missiles (there are more high-mars and other storms than calibers and daggers).
      1. Just a cat
        
        -2
        
        3 August 2024 21: 17
        
        Who told such nonsense? Seltsman's advisor? probably crests are not driven like dogs into beads, but they volunteer to run after them the pigsty wins with superiority...
  2. E NOT
    
    +1
    
    4 August 2024 11: 23
    
    It’s somehow strange, according to reports, they sell two thousand every day. Moreover, it is stated that no one removes them. And they transferred it only in 1/8 day - 250.
2. Nikolay Volkov
  
  +6
  
  2 August 2024 21: 10
  
  Especially if you shyly do not voice the growth percentages of the same housing and communal services...
  
  Pasta, as they say, costs the same... Especially for deputies of different stripes...
  1. SONY
    
    +3
    
    2 August 2024 21: 20
    
    The most offensive thing is when people write to me and say - in such a difficult time, you are setting up a provocation here.. yes you xoxol..
    
    Sound.. it’s a shame not for myself..
3. Kentttt
  
  +1
  
  3 August 2024 02: 23
  
  Quote: SONY
  Everything you need to know about our news...
  It turns out we got rich...
  
  Unspeakable!
Sergey Latyshev

+5

2 August 2024 22: 00

Again they describe some kind of parallel reality....
Nobody I know has a height of 8,1%....They are insidiously hiding it, for sure....
1. UAZ 452
  
  +4
  
  2 August 2024 23: 31
  
  And who is to blame for the fact that among your acquaintances there are no people who have signed contracts with the Ministry of Defense or work at defense factories? The growth there is more than 8-9%. So they “extended” the average figures by these percentages. The problem is that people really have more money, but GDP growth, which is also taking place, is ensured by tanks and missiles, and they are not sold to civilians, even if no one would be against buying them Hence, this entire money supply inevitably accelerates inflation, and in the case of directive-administrative fixation of prices (at the request of the workers, who will not be dealt with, of course), we will instantly get empty shelves.
  And raising the discount rate doesn’t work - it’s not the banks that give out the “extra” money, loans for business development that were not taken at a rate of 16%, that at 18% they won’t be taken, this money from the budget and the National Welfare Fund goes to the defense industry, spreading from there to adjacent industries and beyond. So the coming years will be very fun for the country... And this fun will begin now, Nabiullina and Gref will not be allowed to lie.
  1. SONY
    
    +2
    
    2 August 2024 23: 42
    
    Beautifully painted!!
    But.. in these troubled times you can’t say that.. you are working for the enemy..
    You're xoxol under a proxy.. Here you go!!
    1. Kentttt
      
      +2
      
      3 August 2024 02: 26
      
      Quote: SONY
      Beautifully painted!!
      But.. in these troubled times you can’t say that.. you are working for the enemy..
      You're xoxol under a proxy.. Here you go!!
      
      Well then, you should listen about the Pechenegs...
  2. Sergey Latyshev
    
    +1
    
    3 August 2024 10: 51
    
    Maybe. There are no oligarchs, no SVO officers, no PMCs, no children of “E. Managers”, no “working at defense factories” among my acquaintances. (There is a defense specialist, but he doesn’t brag about anything)
    
    parallel reality..
Lawyer8888

+1

2 August 2024 23: 04

Russia, like the Liver, refused to temporarily serve the body. So what is the result if the organism is one?
Kentttt

0

3 August 2024 02: 20

The nominal value of the average monthly salary was almost 86,4 thousand rubles. in May

Rapid increase in wages.
Kentttt

+1

3 August 2024 02: 21

But too sharp a rise in wages also carries risks; it can spur an increase in inflation and higher prices

What are you saying?
Who would have thought !
prior

0

3 August 2024 07: 20

Show where to look to see this growth.
KLNM

+2

3 August 2024 13: 16

In Russia, there has been a record increase in the real disposable income of citizens, which is being eaten up by inflation, who needs these worthless stuffing and what does it have to do with the real and difficult life for ordinary people... Who is missing goods?, there is everything in bulk everywhere, and what if temporarily something is missing, it is being held back artificially in order to raise prices, the mechanism has long been debugged. Under the younger Patrushev, who was praised and promoted, all agricultural products in prices increased by 100-200% and this was in good years, I would like to ask why the hell...?, there is a mutually beneficial relationship with speculators... The Central Bank does not understand our nature of inflation, blindly believes in the market, but in reality, complete speculators rule everywhere. One raised the price by 10 rubles. and became richer by a million, the second, and worse than me, I raised it by 15 rubles and away we go.. For the same reason, in Turkey there is staggering inflation, which is the nature of the greedy and selfish Turks themselves, nothing will help there except a hard whip. Remember how, half a year ago, Father Belorussky overcame inflation, when he called all the terry officials to his carpet and presented an ultimatum, and that everything quickly returned to normal and nothing dramatic or avalanche happened. This is the only way to talk to these shameless faces, and not to show off yet more brooches at press conferences, terrifying business and citizens with high exorbitant rates that ruin business, the economy and prevent the country from developing. You see..., the economy in the country has overheated, and where does Mishustin look, everything is fine with him, he praises every day...., you should sort it out among yourselves, otherwise when senators are arrested for contract murder, who has a house in England with half a thousand meters, this is no good anymore....
Vox Populi

-3

3 August 2024 17: 16

It became known that in the second quarter of 2024 real disposable cash income (RDCI) of Russians increased by 9,6% in annual terms, i.e. year to year. This is stated in the Rosstat report published on July 31.

Not only everyone ...
E NOT

+1

4 August 2024 11: 33

Thank you for the informative information, I honestly didn’t know about this sharp and rapid increase in income. The last time my salary was raised by one and a half thousand was two years ago. And a pension of 300 rubles a year ago approximately. I’ve been working two jobs since May and, taking into account my pension, I still don’t reach 86. All my friends, colleagues, neighbors have the same or similar situation.