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Over 100 thousand tourists vacationed at the resorts of the North Caucasian Federal District during the New Year holidays
Economy
Over 100 thousand tourists vacationed at the resorts of the North Caucasian Federal District during the New Year holidays
11 January 2024

The ski resorts of the North Caucasus - Elbrus, Arkhyz and Veduchi - increased the flow of tourists during the New Year holidays. More than 100 thousand tourists vacationed there.

The highest salaries of officials of the North Caucasus Federal District are in Dagestan, the lowest are in Ingushetia
Economy
The highest salaries of officials of the North Caucasus Federal District are in Dagestan, the lowest are in Ingushetia
3 January 2024

The average salary of a civil servant of regional authorities in the North Caucasus Federal District was 53.6 thousand rubles. In 2022, officials received the most in Dagestan (75.1 thousand) and Stavropol Territory (64.7 thousand).

Regions of the North Caucasian Federal District turned out to be outsiders in terms of living standards
Economy
Regions of the North Caucasian Federal District turned out to be outsiders in terms of living standards
25 December 2023

The RIA Rating agency has published the final socio-economic rating of Russian regions for 2023. Ingushetia took 83rd place, ahead of only Tyva and the Jewish Autonomous Region.

In Dagestan, November inflation was the highest
Economy
In Dagestan, November inflation was the highest
23 December 2023

During the period from October to November, annual inflation in Dagestan accelerated from 8.5% to 9.4%. This is higher than the level for the North Caucasus Federal District (8.3%) and for Russia as a whole (7.4%), reports the branch of the Southern Main Directorate of the Central Bank.

Makhachkala became the leader in price growth for new buildings
Economy
Makhachkala became the leader in price growth for new buildings
18 December 2023

In the primary housing market, the largest growth in the Russian Federation since the beginning of the year occurred in Makhachkala - by 107%. This was reported by World of Apartments analysts.

Residents of the North Caucasus have the least access to buying and maintaining a new car
Economy
Residents of the North Caucasus have the least access to buying and maintaining a new car
18 December 2023

In the Russian Federation, the share of families that are able to buy and own a new inexpensive car on credit is 18.9%. However, in the regions of the North Caucasian Federal District there are much fewer of them, noted RIA Novosti.

The Armenian economy has grown significantly due to emigrants from the Russian Federation
Economy
The Armenian economy has grown significantly due to emigrants from the Russian Federation
14 December 2023

In 2022 alone, about 110 thousand people left the Russian Federation for Armenia. Russians consume local goods and services, which has provided Armenia with economic growth in key sectors, the local Central Bank and analytical services noted.

Residents of the KBR, Chechnya and Ingushetia will have to save from 13 to 15 years for a down payment on a mortgage
Economy
Residents of the KBR, Chechnya and Ingushetia will have to save from 13 to 15 years for a down payment on a mortgage
11 December 2023

RIA Novosti published a rating of regions based on the ability of Russians to save for a down payment to obtain a mortgage. It is 30% of the cost of a typical sixty-meter apartment for a family of two working adults with the average salary in the region and a child.

The North Caucasus has become a leader in the dynamics of domestic tourism
Economy
The North Caucasus has become a leader in the dynamics of domestic tourism
6 December 2023

Over 9 months, among the regions of the Russian Federation, the tourist flow has grown most significantly in Chechnya (by 103%), Dagestan (by 85%), Karachay-Cherkessia (by 72%) and North Ossetia (by 52%).

In the North Caucasian Federal District, only 78 people officially receive an income of over 1 million rubles
Economy
In the North Caucasian Federal District, only 78 people officially receive an income of over 1 million rubles
5 December 2023

The regions of the North Caucasian Federal District took the last places in the ranking of ultra-high salaries - over 1 million rubles per month. Only 78 people there receive these.