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Income of citizens in North Caucasus fell
Economy
Income of citizens in North Caucasus fell
10 March 2023

In 2022, real income of the population, adjusted for inflation, fell by 6.4 per cent from the regions of the Ingushetia Federal District. In KSR - 5.4%, in Stavropol 3%, in Chechnya - 0.5%.

Housing construction is growing in SFR - Chechnya leads
Economy
Housing construction is growing in SFR - Chechnya leads
7 March 2023

In January 2023, the North Caucasus commissioned 532 thousand sq. sq. m housing, which is 15% more than the same period in 2022. This is reported by Rosstat.

Rosstat: Kabardino-Balkaria became leader in wage growth
Economy
Rosstat: Kabardino-Balkaria became leader in wage growth
7 March 2023

In 2022, Kabardino-Balkaria recorded the greatest increase in real incomes compared to 2021.

Residents of the North Caucasus more often buy on the Internet equipment, furniture and clothing
Economy
Residents of the North Caucasus more often buy on the Internet equipment, furniture and clothing
6 March 2023

According to the results of 2022, the turnover of Internet trade in the regions of the North Caucasus Federal District amounted to 122.1 billion rubles. Compared to 2021, volumes increased by 30%.

The inhabitants of the North Caucasus can afford the least gasoline
Economy
The inhabitants of the North Caucasus can afford the least gasoline
6 March 2023

Residents of Dagestan, Chechnya, North Ossetia, Karachay-Cherkessia, Kabardino-Balkaria and Ingushetia can afford to buy from 580 to 650 liters of gasoline per month at their average salary. This is the worst indicator in the country, notes RIA Novosti.

Rosstat claims that Dagestan is the leader in salary growth
Economy
Rosstat claims that Dagestan is the leader in salary growth
3 March 2023

The Chukchi Autonomous Okrug had the highest wage growth of 54.5 per cent, Mordovia 54.2 per cent and Dagestan 46.8 per cent. These are Rosstat’s data.

Inflation has risen in the North Caucasus.
Economy
Inflation has risen in the North Caucasus.
2 March 2023

In 2022, despite a formal increase in inflation-adjusted wages, the purchasing power of the residents of the CSRF was lower than in 2021. Real wages fell by 12%, Dagestan by 5%, Kabardino-Balkaria and Karachaevo-Cherkessia by 4%, Rosstat reported.

The North Caucasus has become a leader in the inaccessibility of jobs.
Economy
The North Caucasus has become a leader in the inaccessibility of jobs.
1 March 2023

In 2022, 86 people applied for one vacancy in Ingushetia. This conclusion is made by FinExpertiza. The situation in Chechnya is relatively better, with 27 job applicants.

In February holidays resorts SCFO set records in attendance.
Economy
In February holidays resorts SCFO set records in attendance.
28 February 2023

Mountain resorts «Arkhiz» (KCR), «Elbrus» (CBR) and «Vedichi» (Chechnya) visited from 23 to 26 February more than 65 thousand. people. This represents a 36 per cent increase over the same period last year. 

The economies of Georgia and Armenia grew with the influx of Russian citizens and money.
Economy
The economies of Georgia and Armenia grew with the influx of Russian citizens and money.
27 February 2023

In 2022, more than 200,000 unwilling Russians arrived in Georgia, which contributed to a 10% increase in GDP. This is reported by the Polish Enterprise Support Institute.