Wednesday, June 1, 2011

Incomes of Russians dropped a record

Writes in Monday, May 23, the newspaper Kommersant, referring to the Federal State Statistics Service of the socio-economic situation of Russia in April 2011, the situation with the real incomes of the population - and that revenue for the deduction of compulsory payments, adjusted for inflation, - worsens. While in March 2011 to March 2010, a decline of 3.2% in February to February - and at 0.6%, while the April decline can be called a record: minus 6.5% compared to April 2010. In April 2010 to April 2009 growth was 5.7%. Despite these negative data Rosstat economists data on living standards and real income for April 2011 is generally regarded as a "moderately positive". "We were not very concerned about this figure because of the ambiguity of the methodology of Federal State Statistics Service. Moreover, the rate of disposable income is too often revised ", - said the chief economist of Nomura on the CIS and Russia Tatyana Orlova. A leading expert at the Center for Macroeconomic Analysis and Short-Term Forecasting Igor Polyakov explains the negative trend primarily features account Rosstat and the behavioral things "of the population. According to him, the Federal State Statistics Service is "very complicated calculations, which do not take into account the different behavioral models, such as a variety of foreign exchange components, namely the increase in foreign exchange savings and the volume of purchases and sales of currencies population. All these details are extremely important and directly affect the statistics. For example, in April last year, according to Polyakov, "was a flight of foreign exchange savings, which this year has occurred. In addition, if in the past people only pay on credit, but this year has already become actively take new and Rosstat began to take loans "minusovat in the expenditure side." "As a result, we have overestimated the base last year and very low indices of real income," - said the expert, adding that by the end of the year the income situation is still "come to a small positive." Deputy Head of the Research Center challenges revenues VTSUZH Aleftina Gulyugina points to more inflation, which the case in April 2011 are worse than in April 2010. The expert also points to a slowdown of cash income (3,2% in April 2011 to April 2011 against 10.3% in 2010 to April 2009). "In addition, the base of cash income, which includes wages, sotsvyplaty, income from property and entrepreneurship, in 2010 was higher," - she said.

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