Millions more Russians living in poverty as economic crisis sinks in

Russia’s economic crisis has driven the country’s poverty rate to a nine-year high, according to data provided by the Russian Federal State Statistics Service (Rosstat).

In 2015, the number of people living in poverty reached 19 million (13.4% of the population), up from 16 million in 2014.

Rosstat reported that this is the highest rate since 2006.

The Statistics Service also reported that real incomes fell by 6.7% in February of this year compared to the same month in 2015.

  Russia, Economy of Russia