In 2016 the incomes of Russians fell twice against 2015
For 2016 incomes of Russians, according to Rosstat, decreased by 5.9% against 3.2% a year earlier. Thus, compared with 2015, the reduction rate accelerated more than 84%, or almost twice. Compared to the 2014 year, the reduction of the real incomes accelerated more than eight times (it was minus 0.7%). This is the real disposable income - the amount that remains in the human disposal after making them all the compulsory payments and adjusted for the inflation rate. By the end of the year the decline has accelerated somewhat - it was minus 6% in November, while in October - minus 5.6%. But the result of August was the absolute worst of the year. In the last month of the summer 2016 the real incomes of Russians, according to updated data of Rosstat, immediately fell by 8.5%, which was the worst result for more than seven years. According to the results of 2016, the overall drop in the annual quantities was 5.9%. The real incomes are reduced for three years now. And over the past 26 months the statistics departments have never recorded any month of growth.
Yury Mishchenko, graduated from Moscow Institute of Foreign Languages, has more than 15 years experience in tourism and travel. Working both in tour operator company as destination manager, and in travel agency as sales manager, he is focused on analysis of Russian tour operators’ daily routine. Recently, Yury works in Baginet Marketing and Sales Agency.