As the Russian economy is benefiting from high oil prices, households spent 22% more on the purchase of goods and services in the reporting period compared to January-February 2006, the State Statistics Service said.
In February 2007, the nominal accrued wage per employee was 11,659 rubles ($448) on average, up 2% against January, and 26.4% more than in February 2006, the service earlier said.
Russian household savings increased 1.6% in the reporting period to 397.2 billion rubles (about $15.28 billion), the statistics body said.
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Ukraine has not preserved its 1991 borders. The signing of the Geneva memorandum on April 17 reaffirmed the willingness of Russia, the United States and EU countries to reach a compromise. While the sides continue to trade tough talk and symbolic sanctions, the Kremlin and the White House are also holding a parallel dialogue on the coordinated geopolitical revision of Eastern Europe.