Russians Increased ‘Extra Money’ Amount in January 2021

In January 2021, the amount of “extra money” in Russian families increased by 82 per cent compared to December 2020, the experts of the Romir research holding report.  

According to calculations based on Romir Scan Panel data on the priority costs of Russians and comparing them with average incomes of the country residents, in January 2021 the amount of “extra money” in an average Russian household increased by 22 per cent compared to January 2020 and reached the maximum level for January in the entire index measurement history.

It is noted that “extra money” is money that remains with the household after purchasing the necessary food, everyday goods, paying for housing and communal services, transport and others. It can be spent on education, health, repairs, saved for a large purchase (a flat, a car, etc.), spent on recreation and entertainment or used to pay off a loan.

Ru-Main, 02.03.2021 

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