In June, annual inflation in the North Caucasus Federal District was 3.8%, while in May it was at the level of 2.3%. On average in the Russian Federation, these figures are 3.2% and 2.5%, respectively.

The incomes of the population of Dagestan turned out to be the highest in the North Caucasus Federal District. Thus, the average income of a Dagestan citizen was over 28,000 rubles a month.

The State Duma adopted a law on Islamic banking. He establishes that the experiment will last from September 1, 2023 to September 1, 2025 in Bashkortostan, Tatarstan, Chechnya and Dagestan.

The Russians owe banks almost 28 trillion rubles. The level of debt load as the ratio of the average amount of debt to the annual income per household increased in the first quarter to 41%. At the beginning of the year it was 35%.

The State Duma Committee on Financial Markets recommended the adoption in the second reading of a bill on the introduction in a number of regions of an experimental legal regime for partner (Islamic) financing. It is planned that the issue will be considered on July 18.

Over 1 million tourists visited Armenia in the first half of 2023, according to the Armenian Tourism Committee. The growth was 30% compared to the record year 2019.

Ingushetia took the last place in the development of mortgages. Only 2.4 mortgage loans were issued per thousand working people in the republic. It is reported by RIA Novosti.

The level of informal employment in the North Caucasus Federal District in the first quarter amounted to 38.2%, having decreased by 5% compared to last year, according to Rosstat.

Ingushetia, North Ossetia, KChR and six other regions failed to reduce the level of poverty in 2022. This was stated by Deputy Chairman of the Russian Cabinet of Ministers Tatiana Golikova.

In the first quarter of 2023, the population of North Ossetia worked an average of 39 hours per week (just under 8 hours per day). This is the maximum figure for the NCFD.