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Real Disposable Income Up 10.5% in January-April

Real Disposable Income Up 10.5% in January-April

6 June 2008

In January-April, the nominal incomes of the population increased 25.5% yoy, and real disposable incomes by 10.5%. Last year nominal incomes grew 35% while real disposable incomes grew 23% due the socially-oriented budget. Recent amendments to the 2007 budget foresee an increase in the minimum wage, which along with other social programs are expected to slightly boost incomes.

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