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. Last Updated: 07/27/2016

Unemployment Increases to 6.6%

Russia's unemployment rate rose more than expected in February after falling the previous month, the State Statistics Service announced on Monday.

The jobless rate rose to 6.6 percent from 5.8 percent in January, the State Statistics Service said in an e-mailed statement.

That was higher than the median forecast of 13 economists in a Bloomberg survey, which put the figure at 5.9 percent.

Russia, the world's largest energy exporter, is in its 10th year of growth, boosted by high global oil prices. The annual unemployment rate has declined from a high of 12.4 percent in 1999.

Wages increased an annual 13.3 percent in February, reaching 15,214 rubles ($640), the State Statistics Service said.

Disposable income increased an annual 10.6 percent in February, the agency said.