The Russians saved for the record a lot of money

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www.vsyako.netPhoto: Oleg Karsaev / “Kommersant”

The Russians, who, because of the coronavirus have been unable to spend the money, started a record pace to stock funds. Citizens saved a quarter of real disposable income, according to the Central Bank. According to the newspaper “Kommersant”, in the first quarter of the current year, savings have gone up to 8 percent of income in the second quarter to 23 percent.

According to calculations of the Central Bank, the usual measure of the savings rate varies from 8 to 11 percent, but now to decrease the norm of can. This is due to the limitations of economic activity and the suspension travel.

The increase in savings observed on the background of falling incomes. According to Rosstat, in the second quarter of 2020, they fell by 8 percent. According to a study of insurance company “Rosgosstrakh Life”, every fifth inhabitant of the country admitted a substantial drop in income during the pandemic, one in ten reported a complete loss of earnings.

Video, photo All from Russia.

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