Russia Update: Income Falls by 4.9% This Year Due to Economic Crisis

September 29, 2015
Aleksei Kudrin. Photo by Pyotr Kovalev.

Russians’ income has fallen 4.9% this year by contrast with last year due to the economic crisis. The fall in purchasing power has also reduced manufacturing and construction.

Welcome to our column, Russia Update, where we will be closely following day-to-day developments in Russia, including the Russian government’s foreign and domestic policies.

The previous issue is here.

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