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. Last Updated: 07/27/2016

OutflowTops Income

On the whole, 40 percent of the families surveyed by the State Statistics Committee -- not including the very rich -- spend more [money] than they receive.


The fact about where they get the "extra" money from is also not a secret, -- some earn it on the side in the shadow business [naturally, employees of the statistics service are not told about sums received there], others borrow and overborrow, sell things. ...


However, until the middle of summer this "overexpenditure" of personal money by one part of the population was exceeded by "underexpenditure" by the other half of the population, which had remaining funds after all expenditures.


And on the whole, overall incomes were more than expenditures. January was an exception, when people spent their ... extra 13th salary and other various premiums. ...


The largest expenditures reported by the State Statistics Committee were in September: Russian's monetary incomes comprised 113.3 trillion rubles, and expenditures -- 118.2 trillion rubles. Citizens spent almost 5 trillion more rubles then they received. This is no longer a joke. Just what is going on in the economy? ...