40% of Families in Russia with a Shortage of Money for Food and Clothing

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About 40 percent of Russia's families do not have enough money for food and clothing. This shows the data from a new sociological survey of the Moscow Higher Economic School, Russian media reported, said news.bg

One third of the Russians have pointed out in the poll that their money is enough just for food.

In September, 23 percent of the Russian population determined their material status as "bad or very bad," which is 3 percent more than in May.

The percentage of households that consider their income as good has declined from 17 to 15 percent.

This survey comes amid the statistics released on this week's key macroeconomic indicators for the third quarter. According to Rosstat, the growth of industrial production for the first time has remained unchanged since the beginning of 2016.

At the same time, GDP growth for the third quarter slowed down to 1.8% from 2.5% over the previous three months.

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