OREANDA-NEWS  The share of financially unstable Russian households increased from 56.4 to 62.4 percent in about six months, RBC writes, citing data from the Higher School of Economics. We are talking about families who have no savings or loans spend more than 30 percent of their income.

As follows from the research materials reviewed by journalists, the indicator turned out to be higher in small towns with a population of up to 100,000 people and in villages where about half of households are considered financially unstable. For comparison, in Moscow their share is 4-5 percent, in St. Petersburg - 3-4 percent.

It is noted that this dynamics is fixed against the background of the updated historical minimum of the official poverty indicator in the country (it is 13.5 million people or 9.3 percent of the population) and a record growth in real wages of Russians by 7.8 percent over five years.

According to Vasily Anikin, a leading researcher at the Institute of Sociology of the Federal Research Institute of the Russian Academy of Sciences, the current income growth "is not able to compensate for the increase in prices for food products, durable goods and real estate, as well as a number of expensive services — educational and tourist." The majority (41 percent) of financially unstable Russians are people aged 35-54, which roughly corresponds to the proportion of respondents with children among them (43 percent), the publication says.

Earlier it became known that human capital, reflecting the productivity of workers related to the level of education and health, began to make a negative contribution to the dynamics of economic development in Russia. Thus, according to Daria Avdeeva, an expert at the HSE Development Center, in 2020 and 2021, it took 0.4 and 0.6 percent from the country's GDP, respectively.