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Review of the Current Social Indicators

Elena Е. Grishina – Head of Department of Labor Markets and Pension System Research, Institute for Social Analysis and Forecasting, Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Marina Eliseeva – Research fellow of the Social Development Department, Institute for Social Analysis and Forecasting, Russian Presidential Academy of National Economy and Public Administration. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Dmitry Loginov – Senior Research fellow of the Social Development Department, Institute for Social Analysis and Forecasting, Russian Presidential Academy of National Economy and Public Administration, Candidate of Economic Sciences. E-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

Yulia Chumakova – Deputy Director of Institute for Social Analysis and Forecasting, Russian Presidential Academy of National Economy and Public Administration. Е-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.

The consumer price index in May 2018 against May 2017 came to 102.4%. Prices of food products have practically remain unchanged (100.4%) and inflation dos due to price growth on non-food products (103.4%) and services (104%). In April 2018, the growth of real disposable cash income of households, real accrued wages, and real accrued pensions constituted 5,7%, 7.8%, and 0.8%, respectively.

Wages seen in Q1 2018 were above the level observed in Q1 2014 and finally exceeded the pre-crisis level. The share of poor people recorded in 2017 has come to 13.2% and together with the shortage of cash income has somewhat decreased against 2015–2016. Decrease of the poverty line in the backdrop of declining real cash income became possible owing to the fact that the minimum wage was lagging behind the inflation growth.

Uncertainty in the future and in assessment of economic growth prospects correlate with the growth of negative expectations, first of all, among the employed people who are afraid of a potential job loss, wages cut and back pay.

Key words: labor market, wages, consumer prices, retail trade, cash income of households, poverty line, social sentiment.