Net profit of Russian companies decreased by 77% in August

The net profit of Russian companies, after a sharp rise in January and February, fell by 77% in August 2015 comparing to the same period a year ago, writes “Kommersant” with reference to the data from Rosstat (Russia’s statistics agency…


Real salary in Russia dropped by 9.2% in June

Rosstat (Russian Statistics agency – RRT) published a report for the period of January-July 2015 which states that real wages in Russia in July 2015 fell by 4.8% comparing to the previous month and by 9.2% comparing to July 2014.