Statistical assessment of the impact of inflation growth on the well-being of the Russian population

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Currently in Russia, under the conditions of sanctions and the resulting high level of inflation, it is important to assess the degree of impact of price increases on the well-being of the population, to identify the most vulnerable categories of the population and the structural components of expenses in connection with the development of the country’s economy as a whole. The article examines indicators characterizing changes in real cash income, such as per capita cash income of the population, accrued average monthly wages and the amount of assigned average monthly pensions in the country as a whole and for certain types of economic activity and regions, as well as their purchasing power in relation to the subsistence level and individual products of the food basket. Particular attention is paid to changes in the structure of expenses, the volume and structure of savings in the context of rising prices. Along with government measures to protect the population, the monetary policy of the Central Bank, citizens need to take personal initiative in regulating demand, budget planning, protecting personal finances and creating savings. In any conditions, it is necessary to realistically assess your financial condition, be able to set financial goals and be responsible for your obligations.

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Inflation, real incomes of the population, purchasing power, financial assets, income differentiation, poverty level

Короткий адрес: https://sciup.org/142240360

IDR: 142240360   |   DOI: 10.17513/vaael.3355

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