Average monthly salaries in Russia’s capital jumped by 11.7 percent to nearly 81,000 rubles ($1,234) last year, according to official figures from the federal statistics service.

Early last month, Russia’s chief auditor Alexei Kudrin said that citizens’ real incomes virtually saw no change in 2018 as prices outpaced growth estimates. Meanwhile, inflation is expected to grow this year with the introduction of a value-added tax (VAT) hike.

>