Real wages are expected to increase by 3.5 percent this year, along with a 3 percent increase in disposable income, according to Russia’s Center for Macroeconomic Analysis and Short-Term Forecasting. The unemployment rate, predicted to reach between 7 and 8 percent by 2022, is at 2.6 percent — a post-Soviet record low.
Here’s more from Courtney Weaver and Anastasia Sgnonei in the FT. Now that’s a model!
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