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.
