True Economics

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Showing posts with label Russian wages. Show all posts

Saturday, February 6, 2016

6/2/16: Down the Ruble Hole? Russian Opinions & Russian Economy

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Latest Russian figures on wages and earnings, rounding up 2015, are pretty horrific. In USD terms, average wage is now down more than 30 p...

Saturday, May 30, 2015

30/5/15: Russian Demand Down Sharply in April

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As BOFIT reports this week: Russian domestic demand shrunk at an accelerating rate in April with retail sales down 10% y/y after contracti...

Friday, March 20, 2015

20/3/15: Russia: Agri-food Sector and Falling Real Household Incomes

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As BOFIT reported last week, 2014 marked the first year since 1999 crisis when Russian households experienced a decline in real household ...

Saturday, March 29, 2014

29/3/2014: Russia's Competitiveness Challenge & What Needs to be Done...

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In Russia, state sectors (non-market services) are the main drag on competitiveness. The chart below shows the gap between real wages ...

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