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Wage arrears in Russia down 11.1% in June

Total wage arrears in Russia decreased by 11.1% in June 2014 reaching RUB 2.419 billion as of July 1, the Federal State Statistics Service informed.

Wage arrears due to the lack of locally available funds totaled RUB 2.378 billion (98.3% of the total arrears), decreasing by 9.9% against June 1. Wage arrears due to delayed transfers from budgets of various levels decreased by half against the previous month to RUB 41 million. Backlog of payments from the federal budget decreased by 22.1% to RUB 35 million, backlog of payments from regional budgets decreased 23 times to RUB 1.3 million, backlog of payments from local budgets decreased by 37% to RUB 4 million.

The manufacturing sector accounts for 36%, construction and development for 20%, transport for 13%, agriculture, hunting and related services as well as lumbering for 11%, mineral production for 7%, R&D for 6% of the total wage arrears

"AK&M", 17.07.2014


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