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Russians’ living wage estimated at $157.5

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Russians’ living wage estimated at $157.5

In the second quarter of this year, living wage in Russia has grown by 1.8% to 9,956 rubles ($157.5) compared to the first quarter of 2016, Deputy Head of Department of Integrated, Analysis and Forecasting in the Russian Labor Ministry, Natalia Antonova, told reporters on the 14th of July, TASS reports.

According to her, the Ministry’s experts “don’t see any shock or cataclysm in the social sphere”. She specified that living wage in the second quarter of the current year grew by 1.8% and now totals 9,956 rubles ($157.5) per capita.

Over this period, living wage for working-age population grew by 1.9% and now totals 10,722 rubles ($169.63), the growth for pensioners amounted to 1.7% and 1.9% - for children.

At the same time, Antonova described this dynamics as a “traditional slight growth”.

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