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Post: Rosstat recorded a decline in the number of Russians whose income is below the poverty line

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Ruble banknotes - RIA Novosti, 1920, 03/10/2023
Ruble bills. archive photo

Rosstat noted that the poverty rate has fallen to a historic low of 10.5 percent.

MOSCOW, March 10 – RIA Novosti. In 2022, the number of Russians with cash income below the poverty line is 15.3 million people, or 10.5 percent of the population. area rosstat.

A year ago, this figure was 16 million people. The agency noted that this change was affected by:

  • growth of social payments;

  • implementation of targeted social programs taking into account the most vulnerable groups of the population;

  • increase in wages, pensions and other forms of income.

The initial value of the “poverty line” is determined at the level of the last calculated value of the subsistence minimum. The consumer basket is the basis for its evaluation. For the fourth quarter of 2020, this figure is 11,329 rubles. It is increased every three months at the rate of inflation.

Banknotes and coins - RIA Novosti, 1920, 03/01/2023

Unemployment in Russia updated to historic low

The value of the poverty line in the fourth quarter of last year was 13,762 rubles, and at the end of the year – 13,545 rubles.

Rosstat presented data without considering statistics for the DPR, LPR, Zaporozhye and Kherson regions.

Paper with 100 ruble notes - RIA Novosti, 1920, 19.01.2023

Central Bank announces the weakening of the ruble in December

Source: Ria

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