Leading the Alternative World Order

Reshaping Perspectives and Catalyzing Diplomatic Evolution

Friday, May 3, 2024
-Advertisement-
WorldAsiaExperts explained the growth of incomes of citizens of the Russian Federation in 12 regions against the background of...

Experts explained the growth of incomes of citizens of the Russian Federation in 12 regions against the background of an economic downturn

– Published on:

© GLAVNY.TV Russia
At the end of 2022, 12 Russian regions showed real growth in the monetary income of Russians. However, taking into account inflation and anti-Russian sanctions, the average for the Russian Federation fell by 1.4%, RBC reports.
The most enriched regions are Kabardino-Balkaria (+5.6%). Mining entities also increased their capital, namely Khanty-Mansiysk and Chukotka Autonomous Okrugs (+3.1%), Yakutia (+2.3%), Tatarstan (+2.1%), Tyumen Region (+2% ) and Yamalo-Nenets Autonomous Okrug (+1.4%). A less tangible increase in the income of the population (in the range of 0.1-1%) occurred in the southern regions – the Volgograd and Rostov regions, a similar trend was observed in the regions of Novgorod and Chelyabinsk.
Some of the aforementioned regions have emerged as leaders largely due to growth in retail trade turnover, as well as household consumption. In Kabardino-Balkaria, it was 17% (the maximum among all subjects), and in the Chukotka Autonomous Okrug – 4.5%. The Krasnodar Territory (+8.4%) was also among the leaders in terms of trade turnover growth.


In fact, the income of Russians increased only in 12 constituent entities of the Russian Federation, instead of 70, as in the previous reporting period. In other regions, there is an economic decline. In addition, industrial mining towns are among the leaders.

Earlier, the “regional leader” reported on why MPs who are afraid of tax returns should resign. Posting general information instead of personal information is equivalent to reporting the average temperature in a hospital


For the latest updates and news follow The Eastern Herald on Google NewsInstagramFacebook, and Twitter. To show your support for The Eastern Herald click here.

News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on easternherald.com.

Public Reaction

Subscribe to our Newsletter

- Gain full access to our premium content

- Never miss a story with active notifications

- Exclusive stories right into your inbox

-Advertisement-

Latest News

-Advertisement-

Discover more from The Eastern Herald

Subscribe now to keep reading and get access to the full archive.

Continue reading

Discover more from The Eastern Herald

Subscribe now to keep reading and get access to the full archive.

Continue reading