OREANDA-NEWS The number of Russians living below the poverty line in the third quarter decreased by 0.7 million people compared to the same period in 2021 — to 15.3 million people. Their share in the total population (poverty level) decreased to 10.5% compared to 11% a year earlier, Rosstat reported on December 2.

Relative to the second quarter of 2022, the number of poor people decreased by 2.3 million (the poverty level — by 1.6 percentage points), however, the indicator differs in pronounced seasonality and quarterly dynamics is poorly informative (the indicator usually decreases from the beginning of the year to the end). The poverty line in the third quarter was determined at the level of 13,688 rubles.

If we look only at the third quarters, the poverty level recorded in July–September is the lowest since at least 2010, according to Rosstat data.