Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Russia faces shrinking middle class, rising inequality, study finds

Pedestrians walk across Nevsky Avenue in central Saint Petersburg, Russia May 28, 2022. REUTERS/Anton Vaganov

Russia's middle class will shrink as social inequality grows over coming years, an economic study conducted by Russian experts suggested, as sanctions against Moscow and limited growth potential scupper development prospects.

The study, published this week, presents four possible scenarios for how Russians' living standards will change between now and 2030 from experts from the Social Policy Institute at Moscow's Higher School of Economics, one of Russia's leading educational establishments.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.