Real incomes in Russia fall 5.6% in Oct, wages down 10.9%

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Real incomes in Russia fall 5.6% in Oct, wages down 10.9% - Rosstat

MOSCOW. Nov 19 (Interfax) - Real disposable incomes in Russia fell 5.6% in October compared with the same month last year, the Federal State Statistics Service (Rosstat) said.

They fell 4.3% in September, 5.3% in August, 2% in July, 3% in June, 6.3% in May, 3.9% in April, 1.6% in March, 1.6% in February and 0.7% in January.

Incomes fell 3.5% in real terms in January-October 2015. They fell 0.7% in 2014 as a whole after growing 4% in 2013.

Nominal per capita incomes grew 7.2% year-on-year in October 2015 to 31,000 rubles.

The average nominal monthly wage due to employees was 33,200 rubles in October 2015, up 3% from the same month of 2014.

The real wage due to employees fell 10.9% year-on-year in October and 9.3% in 10M 2015.