GENERICO.ruEconomicsOreshkin predicted the growth of real wages in April

Oreshkin predicted the growth of real wages in April

MOSCOW, April 25 Real wages in Russia in April will grow by 10% in annual terms, said Maxim Oreshkin, aide to the President of the Russian Federation, speaking at the marathon ” Knowledge. First”.
“The level of income of the population, the level of wages in real terms will grow. For example, this year we are already expecting a very serious growth in real wages: by the end of April, it should be about 10% compared to last year,” – Oreshkin said.
“The Russian economy must step by step transition, and learn, and work in conditions of high wages. Low wages should not be a competitive advantage. The competitive advantage of the Russian economy will gradually become high productivity, efficiency and its own technological platforms” , he added.

According to the forecast of the Ministry of Economic Development, real disposable incomes of the population will grow by 3.4% this year, real wages – by 5.4%. At the end of last year, both indicators decreased by 1%. In 2024-2025, the ministry expects real disposable incomes to grow by 2.6% and real wages by 2.8%.

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