The Russians in June has sharply increased the amount of «free money»

© Fotolia / morphinans. Archival photoThe Russians in June has sharply increased the amount of «free money»© Fotolia / smirno

The amount of «free money» Russians in June jumped by 23.2% compared to may of the current year and amounted to 29.7 thousand, but this may be due to the fact that many citizens refused to travel during the holidays and kept the money, according to the research of holding «ROMIR», which is available to RIA Novosti.

Index of free money «romira» — the difference between household income and spending on essential goods and services. The calculations are based on data from the Skan-panel of households «romira». It is based on consumption data 30 thousand Russians, 11.5 thousand households in 190 cities with a population over 10 thousand people.

«In June, the amount of free money has reached a size of 29.7 thousand rubles. The average index value of free money in the first half amounted to 23,3 thousand roubles. Thus, the index of money available in June rose sharply compared to may — from 23.2%. In monetary terms, the growth amounted to 5.6 thousand rubles (from 24.1 thousand)», the study says.

Compared to June 2017, the growth was even more significant — the figure rose by 25.3%, from 23.7 thousand rubles. «However, to say that the jump in the index indicates improving the welfare of Russians is premature. Moreover, the rapid growth of the volume of free money occurred against the backdrop of a slight reduction in the index of average check,» notes «ROMIR».

«Perhaps the situation is due to the fact that this year, many Russians refused to travel during the holidays, and could be more money than in previous years, because of unused vacation. Check terminal after receiving the index data of free money in July and August,» adds the research group.

In the cities the value of the index in June increased by 20.3% compared with may and amounted to 38 thousand rubles. In cities with a population of 0,5-1 million, the index increased by 17.7 per cent to 31.2 per thousand. In cities with a population of 100-500 thousand people, the index rose by 33.3% to 20,8 thousand rubles.