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Russians cannot improve welfare due to spending on food

4 Dec 2019

• 4 Dec 09:35

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The food costs of the Russians prevent them from improving their well-being. This was reported by "Rossiyskaya Gazeta" with reference to the data of the research holding "Romir". According to them, the expenses of the average Russian family in October amounted to 70.6 thousand rubles, of which 21.7 thousand or more than 30 percent of the total monthly budget was spent on food. This share is three times less than in the USA and Europe and six percent more than last year. Experts explain this by the strong difference in wages in countries and the threefold difference in food inflation with approximately equal food prices. Thus, the effect. Read more...