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The regions with the highest salary growth in 2020 were named in Russia
The Financial University under the Russian government updated macroeconomic forecasts for 2020. According to them, the real salary in Russia will rise in 2020. According to experts, the best prospects in this segment are in Tatarstan, Yakutia, the Leningrad and Penza regions, as well as the Yamalo-Nenets Autonomous Okrug.
As the "Russian newspaper", real wages in Russia will grow by 2,5% this year, but real income growth will be insignificant. The smallest growth is predicted for Primorye, Novosibirsk, Samara and Sverdlovsk regions, as well as Karelia.
In general, according to the data of the Financial University, the Russian economy will continue to grow in 2020: GDP will increase by 1,2-1,5%, industrial production - by 2,2-2,6%. Agricultural production is expected to grow by about 3%. Consumer inflation will also grow - up to 4,7%. Unemployment will continue to decline. The unemployment rate is expected to fall by 4,5%.
According to the forecast of the World Bank, GDP growth Russia in 2020 will be 1,6%, and in 2021-22 - 1,8%. Compared with estimates made in June, the forecast was lowered by 0,2%.