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Official statistics claims lower poverty in Russia

Published time: December 26, 2012 16:00
Edited time: December 27, 2012 19:36
A woman begs for money in an underground passage, with the air temperature at about minus 24 degrees.(Reuters / Vasily Fedosenko)

Russians have become better off, as the number of people with earnings below the subsistence level went down almost 15% yoy in 3Q 2012. That represents $217.80 per month which the authorities say should be enough to live on.

The number of Russians who don’t get that amount a month went down to 17.2mn during January – September according to the Russian Statistics Service. Now, the poor in Russia comprise 12.1% of the total population, the agency said.

The assumptions in all of the calculations are that Russians need $81 a month to provide for basic food, $34 for non food products, another $88 for services and $15.7 to pay regular bills.

However, the average bill for public facilities in a one bedroom flat in Moscow is on average about $100.

The minimum wage in Russia – another indicator of the country’s well-being – is also much lower than in developed economies, according to FBK auditor. At the moment the figure stands at $148, while in the most prosperous countries like Luxembourg, Netherlands and Belgium top the list with a minimum wage of over $1500 a month.

Comments (11)

Enrique (unregistered) 28.12.2012 03:53

guest, in fact there are thousands of people who don´t earn a single $ for month, even in USA or Western Europe. Thousands of people without job and whose unemployment subsidie has expired....So, how can hundreds of thousands, probably millions, of Americans, Russians and Western Europeans live on 0 $ per month? Think about it.

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guest (unregistered) 27.12.2012 12:32

Can anyone please explain how exactly can anyone "live" on 217$ per month?

How can anyone fall to such level of inhumane cynicism...

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R.W. Emerson II 27.12.2012 12:22

From the article: """However, the average bill for public facilities in a one bedroom flat in Moscow is on average about $100."""My reply:Wow! In NYC, the rent for a one-bedroom is TEN TIMES that -- $1,000 or more. No wonder the population of Moscow has reached 12 million.Still, Russia has room to improve. As a rich oil-producing country, it can easily afford to follow Iran's example: Provide everyone with a fixed cost-of-living subsidy, so that everyone, employed or unemployed, has at least the necessities. This influx of money at the bottom levels of the pyramid will fuel consumer demand and keep the economy strong. It's the opposite of the disastrous European approach -- starve the people to pay off the derivatives gambling debts of the banksters. I'm hoping that the Rothschild banks do NOT run Russia, as they run Europe.

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