From 2014 to 2018, the share of Russians identifying themselves as middle class dropped from 60% to 47%, according to “Vedomosti” with reference to the results of the quarterly survey “Consumer index Ivanov,” commissioned by the “Sberbank CIB”.
According to analysts, 32% of residents and 43% other regions of Russia do not have savings, 7% of Muscovites and 12% of the population pay debts.
According to the chief of analytical Department of “Sberbank CIB” Yaroslav Lisovolik, the people consider themselves middle class, if you can save money, travel and go to restaurants. In the case when only enough money for basic expenses — identify themselves to the class of “below average”.
Experts interviewed by the publication, do not predict growth in the share of the middle class in 2019. According to Lisovolik, the middle class can reach 50% if economic growth and income stabiliziruemost, but it is unlikely that this will happen. Chief economist of “Alfa-Bank” Natalia Orlova holds a similar point of view due to the fact that revenues will not support the indexation of wages in the public sector. Also unfavorable prognosis contributes to inflation.
Rosstat earlier reported that real incomes of Russians fell in the period from 2014 to 2018 and still remain below the pre-crisis level in 2013.
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