Number of Poor in Russia Rises 25% in Six Months
The number of poor people in Russia went up by 4.8m, or 26.5% compared with the end of 2010. The population’s actual monetary income decreased by 5% in May 2011 against May 2011 as well, Rosstat reports.
The number of people whose income amounts to less than the living wage rose by 2.3m, or 11.2% in comparison with January-March 2010. The total figure now comes to 22.9m people. Remarkably, things are deteriorating particularly fast in the year 2011: the number of poor people rose by 4.8m, or 26.5% against last December.
At the same time, the living wage has been going up as well. This figure amounted to 6,400 RUR a month in the first quarter of 2011, which exceeds the figures for the fourth quarter of 2010 by 9.7%.
The living wage comes to 6,900 RUR for working age people, 5,100 RUR for retirees, and 6,200 RUR for children.
The number of people whose income amounts to less than the living wage rose by 2.3m, or 11.2% in comparison with January-March 2010. The total figure now comes to 22.9m people. Remarkably, things are deteriorating particularly fast in the year 2011: the number of poor people rose by 4.8m, or 26.5% against last December.
At the same time, the living wage has been going up as well. This figure amounted to 6,400 RUR a month in the first quarter of 2011, which exceeds the figures for the fourth quarter of 2010 by 9.7%.
The living wage comes to 6,900 RUR for working age people, 5,100 RUR for retirees, and 6,200 RUR for children.
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